Transfer of PhilHealth fund to the Treasury ‘illegal’

Quick Summary:

THE impending transmission of P89 billion in reserve funds of the Philippine Health Insurance Corp.(PhilHealth) to the national treasury is unconstitutional, labor groups allege.

This circular was issued to bolster the government’s unprogrammed appropriations, in accordance with Section 1(d) of XLIII of the 2024 General Appropriations Act.

Torres case, Nagkaisa said that it is the Supreme Court’s duty to prioritize public interest—especially in issues where technicalities could undermine the welfare of the public.

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Article Details

Author / Journalist: Justine Xyrah Garcia

Category: BusinessStartups

Markets: Philippines

Topics: Billion Philhealth Groups Matula Labor Nagkaisa National Reserve Treasury Health Funds

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 16:07:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 365 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 22774210

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 54 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

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Publication Timezone: GMT +8:00

Content Availability: Local / Regional

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Publisher ID: #37

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