Escudero Declares PhilHealth's P74-B Subsidy a 'Failure', Bicameral Committee Scraps Fund
In a bold move, Senate President Francis Escudero has labeled the Philippine Health Insurance Corporation's (PhilHealth) P74-billion subsidy as a 'failure' or 'kapalpakan'. This statement came as the bicameral conference committee decided to scrap the fund, citing its ineffectiveness. The decision is seen as a major setback for the health insurance program, which was intended to provide financial assistance to Filipinos in need of medical care. With the scrapping of the subsidy, the government will need to re-evaluate its healthcare budget and explore alternative solutions to ensure that citizens have access to quality healthcare services. The move is expected to have significant implications for the country's healthcare system, with health insurance and healthcare reform being major concerns. As the country moves forward, it is essential to address the issues surrounding PhilHealth and work towards creating a more efficient and effective healthcare system.
