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De Lima seeks probe of PhilHealth’s P4.75-billion net loss in 2017

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PHILSTAR

Senator Leila M. De Lima has filed a resolution seeking investigation on the P4.75 billion net loss incurred by the Philippine Health Insurance Corp (PhilHealth) in 2017.

“It is imperative that government continues to deliver an effective health insurance program and social protection mitigating mechanisms helping individuals and their households reduce the impact of future risky events, such as illnesses,” she said in a statement on Friday.

In its 2017 audit report, the Commission on Audit (COA) found that PhilHealth has incurred a net loss of ₱4.75 billion in 2017, which negatively affects the efficient implementation of its programs and projects.

Ms. De Lima said there was a need to determine the root cuase of the incurred losses and look into the possibility of the PhilHealth leadership. — Camille A. Aguinaldo