00:00President Bombong Marcos does not see a problem in the removal of the Bicameral Conference Committee
00:05from the PhilHealth's more than Php 74 billion subsidy in the 2025 budget.
00:11Bicam removed the PhilHealth subsidy because they still have Php 600 billion in reserve funds.
00:18The President said that if PhilHealth will still give a subsidy, the reserve funds will not be used.
00:23PhilHealth's problem is not the funds, but the slow process of claims.
00:29According to Health Secretary Ted Herbosa, PhilHealth has more than Php 150 billion from the 2024 budget.
00:38PhilHealth said that their funds are enough to support their beneficiaries,
00:44but the President still hopes for a zero subsidy from the agency in 2025.
00:51The truth is, if you look at it, the Department of Finance has returned some of the reserve funds
01:03because it was not used for many years.
01:06In other words, the PhilHealth has sufficient budget to do all of the things that they want to do.
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