By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
MadisonyMadisony
Notification Show More
Font ResizerAa
  • Home
  • National & World
  • Politics
  • Investigative Reports
  • Education
  • Health
  • Entertainment
  • Technology
  • Sports
  • Money
  • Pets & Animals
Reading: P60 billion to be returned to PhilHealth funds
Share
Font ResizerAa
MadisonyMadisony
Search
  • Home
  • National & World
  • Politics
  • Investigative Reports
  • Education
  • Health
  • Entertainment
  • Technology
  • Sports
  • Money
  • Pets & Animals
Have an existing account? Sign In
Follow US
2025 © Madisony.com. All Rights Reserved.
Investigative Reports

P60 billion to be returned to PhilHealth funds

Madisony
Last updated: September 20, 2025 7:37 am
Madisony
Share
P60 billion to be returned to PhilHealth funds
SHARE


That is AI generated summarization, which can have errors. For context, all the time consult with the total article.

President Ferdinand Marcos Jr. orders the return of the extremely controversial funds regardless of the pendency of the Supreme Courtroom circumstances difficult their switch

MANILA, Philippines – President Ferdinand Marcos Jr. introduced on Saturday, September 20, that the P60-billion Philippine Well being Insurance coverage Company (PhilHealth) funds that have been reverted to the nationwide treasury shall be returned to the state well being insurer. 

“So, I’m completely happy to have the ability to announce, dahil sa ating mga ginagawa…. Siguro, alam naman ninyong lahat ‘yong mga financial savings natin na bago na galing sa iba’t ibang departamento, however primarily from [the] Division of Public Works and Highways. ‘Yong P60 billion na ‘yan, ibabalik na natin sa PhilHealth,” the President stated throughout a go to to Dr. Jose Fabella Memorial Hospital on Saturday. 

(So, I’m completely happy to have the ability to announce that due to what we’re doing…. Possibly you’re accustomed to our new financial savings from varied businesses, however primarily from the Division of Public Works and Highways. The P60-billion funds, we’ll return them to PhilHealth.)

“Nadagdagan na natin ang hawak ng PhilHealth, na ‘yong P60 billion na ginamit natin para sa iba’t ibang proyekto, dahil nagka-savings tayo, maidadala na natin ulit sa PhilHealth. Para, kagaya ng nasabi ko, palawakin nga ang kanilang serbisyo at pagandahin ang kanilang patakbo,” he added. 

(We’ve beefed up PhilHealth’s capabilities — the P60 billion that we used for a number of tasks, now that we have already got financial savings, we will return them to PhilHealth. So, as I’ve stated, let’s prolong and enhance their companies.)

A case that challenges the legality of the PhilHealth’s fund switch remains to be pending with the Supreme Courtroom (SC). A number of teams and advocates have filed petitions with the Excessive Courtroom to dam the switch of PhilHealth’s P89.9 billion to the nationwide treasury.

Division of Finance chief Ralph Recto justified the switch, explaining that his company’s directive to the state insurer is inside the bounds of the regulation. Recto stated Republic Act No. 11975 or the Basic Appropriations Act of 2024 launched a brand new “particular provision” that enables the federal government to gather extra funds from government-owned and managed firms (GOCC) like PhilHealth.

In whole, the GOCC was solely in a position to remit P60 billion after a non permanent restraining order by the SC prevented it from remitting its final tranche.



The SC even held oral arguments to settle the difficulty. There, Recto stated the DOF will return the cash by 2026 if the Excessive Courtroom orders its return.

In a press release on Saturday, the Public Companies Labor Impartial Confederation (PSLINK), one of many petitioners within the SC case, welcomed Marcos’ announcement however famous that it was simply “merely correcting a grave injustice in opposition to Filipino employees and residents.”

“However allow us to be clear: the return of funds doesn’t erase the truth that such a diversion was unconstitutional and a blatant assault on the folks’s proper to well being,” PSLINK stated.

It added: “Labor unions and civil society urge the Supreme Courtroom to behave with urgency on our pending petitions — not solely on the diversion of PhilHealth funds but additionally on the zero subsidy to PhilHealth within the 2025 finances, which might additional dismantle the folks’s entry to reasonably priced and high quality well being companies.” – Rappler.com

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Email Copy Link Print
Previous Article Jim Cramer Says “Citi is Nonetheless an Cheap Inventory” Jim Cramer Says “Citi is Nonetheless an Cheap Inventory”
Next Article 16 Greatest Apple Watch Equipment (2025): Bands, Chargers, Instances, and Display screen Protectors 16 Greatest Apple Watch Equipment (2025): Bands, Chargers, Instances, and Display screen Protectors
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR

Sen. Alex Padilla guidelines out run for California governor – Every day Information
Politics

Sen. Alex Padilla guidelines out run for California governor – Every day Information

Databricks analysis reveals that constructing higher AI judges isn't only a technical concern, it's a folks downside
Technology

Databricks analysis reveals that constructing higher AI judges isn't only a technical concern, it's a folks downside

Dick Cheney, highly effective former US vice chairman who pushed for Iraq conflict, dies at 84
Investigative Reports

Dick Cheney, highly effective former US vice chairman who pushed for Iraq conflict, dies at 84

Is Wall Road Bullish or Bearish?
Money

Is Wall Road Bullish or Bearish?

Remedy Canine’s Contact Awakens Lady From Medically Induced Coma Towards All Odds
Pets & Animals

Remedy Canine’s Contact Awakens Lady From Medically Induced Coma Towards All Odds

Heisman Trophy Rankings: Ohio State QB Julian Sayin Leads Robert Griffin III’s Record
Sports

Heisman Trophy Rankings: Ohio State QB Julian Sayin Leads Robert Griffin III’s Record

What it’s worthwhile to know forward of election evening: From the Politics Desk
National & World

What it’s worthwhile to know forward of election evening: From the Politics Desk

You Might Also Like

Common Robina vows restore of lagoon after Bais wastewater spill
Investigative Reports

Common Robina vows restore of lagoon after Bais wastewater spill

That is AI generated summarization, which can have errors. For context, at all times consult with the complete article. The…

4 Min Read
Sepak takraw duo finds success in teqball with Asian Youth Video games bronze
Investigative Reports

Sepak takraw duo finds success in teqball with Asian Youth Video games bronze

That is AI generated summarization, which can have errors. For context, all the time confer with the total article. Having…

4 Min Read
Siargao serves up its first meals and wine pageant
Investigative Reports

Siargao serves up its first meals and wine pageant

The primary-ever Siargao Meals and Wine Pageant shifts the highlight from surfboards to meals, celebrating flavors as wealthy and numerous…

6 Min Read
I can’t defend the responsible, I can’t protect the corrupt
Investigative Reports

I can’t defend the responsible, I can’t protect the corrupt

'We acknowledge our shortcomings,' Dy says. 'We ask that you just give us an opportunity to appropriate the unsuitable practices…

1 Min Read
Madisony

We cover the stories that shape the world, from breaking global headlines to the insights behind them. Our mission is simple: deliver news you can rely on, fast and fact-checked.

Recent News

Sen. Alex Padilla guidelines out run for California governor – Every day Information
Sen. Alex Padilla guidelines out run for California governor – Every day Information
November 4, 2025
Databricks analysis reveals that constructing higher AI judges isn't only a technical concern, it's a folks downside
Databricks analysis reveals that constructing higher AI judges isn't only a technical concern, it's a folks downside
November 4, 2025
Dick Cheney, highly effective former US vice chairman who pushed for Iraq conflict, dies at 84
Dick Cheney, highly effective former US vice chairman who pushed for Iraq conflict, dies at 84
November 4, 2025

Trending News

Sen. Alex Padilla guidelines out run for California governor – Every day Information
Databricks analysis reveals that constructing higher AI judges isn't only a technical concern, it's a folks downside
Dick Cheney, highly effective former US vice chairman who pushed for Iraq conflict, dies at 84
Is Wall Road Bullish or Bearish?
Remedy Canine’s Contact Awakens Lady From Medically Induced Coma Towards All Odds
  • About Us
  • Privacy Policy
  • Terms Of Service
Reading: P60 billion to be returned to PhilHealth funds
Share

2025 © Madisony.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?