PhilHealth’s Official Response to the Phil. Hospital Association issue
PhilHealth reiterates its commitment to pay its obligations to its partner hospitals. It has sufficient funds to fulfill its obligations. Being a public fund, safeguards are in place based on accounting and auditing rules and regulations prior to disbursements. For 2021, as of May 17, 2021, PhilHealth paid a total of P25.38 B in claims, P4.88B of which are for COVID-19 related claims. Recognizing the need of the hospitals for funds especially in highly critical areas for COVID as identified by the Inter-Agency Task Force (IATF) for the Management of Infectious Diseases, PhilHealth has introduced the Debit-Credit Payment Method (DCPM) wherein 60% of good “in process claims” are paid outright to qualified hospitals minus 2% withholding tax, while the remaining 40% shall be paid after claims processing and reconciliation, minus 2% withholding tax. The accelerated payment method provides hospitals sufficient cash flow to continue providing the sick with quality health care dur...