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SC asked to stop transfer of idle PhilHealth funds

Business Mirror LogoBusiness Mirror10h ago

SC asked to stop transfer of idle PhilHealth funds - Business Mirror

Quick Summary:

THE Supreme Court has been asked to stop the administration of President Ferdinand "Bongbong” Marcos Jr.from transferring to the national treasury and utilizing "excess funds” of the Philippine Health Insurance Corporation (PhilHealth) amounting to P89.9 billion for other purposes except for its members’ health care.

The transfer, said petitioners, also violates Republic Act 11346, which earmarks revenues from excise taxes on tobacco products and sugar-sweetened beverages for PhilHealth’s  initiatives in line with UHA.“Reclaiming subsidies meant for the disadvantaged population  places an unbearable burden on those already struggling,” the petitioners stressed.

The petitioners argued such inserted provision of the 2024 GAA is unconstitutional for being a rider, which violates Article VI, Section 25 (2)  and Section 26 (1) of the Constitution.


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Article Details

Author / Journalist: Joel R. San Juan

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 16:03:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 984 words

Reading Time: 6 minutes read

Sentences: 31 lines

Sentence Length: 32 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 21899410

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About Business Mirror

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 38 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 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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