00:00Newly appointed PhilHealth president and CEO Dr. Edwin Mercado plans to reform the agency's financial system by reviewing
00:08expenses and eliminating wasted funds to improve efficiency.
00:11He also claims to digitize, claim reviews to prevent fraud, ensure proper fund use, and enhance services.
00:18One of his priorities is expanding PhilHealth benefit packages to cover more medical services.
00:24Mercado also plans to focus on diseases that cause
00:27catastrophic spending with a goal of reducing patient out-of-pocket expenses ranging from 45 to 47 percent to 30 percent.
00:35This move aims to alleviate the financial burden on Filipinos seeking medical care.
00:57It's a move that causes catastrophic spending and that's probably what we will focus on.
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