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Return of PhilHealth funds to NG concerns senator

Business Mirror LogoBusiness Mirror10h ago

Return of PhilHealth funds to NG concerns senator - Business Mirror

Quick Summary:

WHILE she respected the adherence of Finance officials to the mandate of the budget law on the return to the Treasury of excess funds from national government (NG) subsidies, Senator Pia Cayetano said she was also "very concerned” about the impact of returning excess PhilHealth funds.

He explained said the DOF was simply following the budget law, which mandates the return of such unused funds, so they can be utilized for national development programs and projects.

The DOF says these are not revenues of PhilHealth, these did not come from contribution of members, it’s a government subsidy.


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Article Details

Author / Journalist: Butch Fernandez

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 13:17:57 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 582 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21664810

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 60 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Return of PhilHealth funds to NG concerns senator" was covered 10 hours ago by Business Mirror, a news publisher based in Philippines.

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  • URL: https://beamstart.com/news/return-of-philhealth-funds-to-17212224673889

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