The Philippine Health Insurance Corporation (PhilHealth) continues to be in sound financial position despite being given zero subsidies for 2025.
PhilHealth president and CEO Emmanuel Ledesma Jr. deposing before a senate hearing recently said, “PhilHealth is fully capable of meeting all obligations without disruptions but 2024 was uniquely challenging for the state insurer.”
According to media reports PhilHealth CEO said, “First, the corporation received orders for the return of a considerable portion of its funds which is precisely the subject of this legislative investigation. PhilHealth also received zero subsidy allocation for 2025. These developments have understandably caused our members concerns about the implications on their healthcare benefits and the institutions’ overall stability.”
Mr Ledesma Jr was deposing about the Corporation’s plans for 2025. He said we declare categorically that PhilHealth is currently in good financial standing and our commitment to universal health coverage is as steadfast as ever.
PhilHealth operates with funding drawn from various sources, including member contributions, government subsidies, and other revenues.