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 during the pandemic. To date, PhilHealth paid almost P6B in DCPM to 182 hospitals.###

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