00:00This is the latest update on the current administration's programs here in Mr. President on the Go.
00:24First of all, my fellow countrymen, our President Ferdinand R. Marcos, Jr. is determined to continue the delivery of PhilHealth Insurance Co.,
00:34Philippine Insurance Corporation, or PhilHealth, even if the subsidy is not given this 2025.
00:41In the so-called prison in Malacanang, our President has asked the Department of Health, DOH Secretary Chedoro Herbosa,
00:51to ensure that the PhilHealth service will not be cut and affected despite its zero subsidy.
00:58The President also gave the Government's priority in the 2025 National Budget to deliver the main services
01:07that are focused on education, health, economic services, infrastructure, and agriculture.
01:16On December 1, our President said that even if PhilHealth has a zero subsidy, the service provided by the agency will not change.
01:26PhilHealth has a lot of reserve funds worth P500 billion.
01:30As for the service that PhilHealth needs to fund within a year, it is not more than P100 billion.
01:38The cost of PhilHealth is more than P100 billion, so its reserve fund is still large.
01:47The reason why the Department of Finance withdrew the PhilHealth fund due to the two-year delay is that it is not used much.
01:55The President also clarified that the government subsidy for PhilHealth is only available in this bank account.
02:03That was our first update this morning.
02:06Stay tuned for the next update on the activities and programs of the current administration.
02:12Here is Mr. President on the go.
