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Transcript
00:00PhilHealth promised that they will recommend to the Congress to lower the contribution of its members.
00:06This is in line with what they said, that they seem to be more focused on investment than the expansion of benefits.
00:13Witness, Jonathan Andal.
00:15Your mind is on investment, not service.
00:22PhilHealth was asked by the members of the Good Government and Public Accountability Committee of the Camera
00:28why they seem to be more focused on investment than the expansion of benefits.
00:36Congressman Romeo Acop of Antipolo said,
00:39within a year, PhilHealth earned an interesting investment of almost Php 10 billion.
00:45What I see is that you are already in business.
00:48The money of PhilHealth should be used to increase the package or to decrease the contribution.
00:55Sorry Mr. Ledesma, I checked your background.
00:59You are good at investment assets, liabilities.
01:04I understand that you are good at investment.
01:07But this is an entirely different matter.
01:12Our investment here is the life of the people.
01:15We have already begun to change our policy.
01:18So yes, it is showing that our investments are increasing, so and so.
01:22But again, I am humbly asking this honorable committee to give us just a little more patience.
01:29And in the next few years, the trend will change and it will go around.
01:34PhilHealth is now aggressive in the expansion of benefits.
01:37They increased their benefit packages by 30% and next year, they will increase it by 50%.
01:45They have already earned Php 440 billion for 2025 in addition to the benefits.
01:53Remember that PhilHealth was removed from the 2025 national budget.
01:57Even President Marcos agreed with this because PhilHealth is not using it and it is just being left in the bank.
02:04But where does PhilHealth bring the government subsidy they were given?
02:09The subsidy from the national government received by our government
02:13and we included two things.
02:17Benefit payment for our benefits.
02:20If we cannot use it, Mr. Chair, of course, we have also a collection from the direct contributors.
02:27We included this in our investment.
02:30You don't know how to run a health insurance program.
02:35That is our problem.
02:37And that is the reason why there is a zero subsidy.
02:40I am sorry.
02:41DOH said that PhilHealth has a lot of money.
02:44At present, it has a surplus of Php 150 billion or a lot of funds,
02:49a reserve fund of Php 281 billion and an investment fund of Php 489 billion.
02:55This surplus is the result of a low payment of benefits in the past years.
03:02That is why the Filipino families are paying high from their pockets.
03:08Where did all our money come from?
03:10First reason is, it's been 12 years since the case packages have been enhanced.
03:16Second, during the pandemic, COVID, very few were going to the hospitals for treatment.
03:24That is why the money is accumulating.
03:26Third, we still have to implement the increase in premium contributions because it is already set by law.
03:33PhilHealth said that they do not have the power to lower the contribution of their members,
03:38but they promised that they will recommend it to the Congress.
03:42For GMA Integrated News, Jonathan Andal is your witness.
03:56For GMA Integrated News, Jonathan Andal is your witness.

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