00:00The members of PhilHealth will not compromise if their funds are transferred to the Bureau of Treasury.
00:07This is the reaction of former Finance Secretary Margarito Tevez Jr.
00:11to the current oral argument in the Supreme Court
00:14regarding the transfer of PhilHealth's funds, which is worth P89.9 billion.
00:20According to Tevez, PhilHealth has sufficient funds
00:24to continue giving benefits to their members,
00:28including the hard-earned P682.2 billion in the third quarter of 2024.
00:35PhilHealth's total assets amount to P510 billion in cash.
00:43Tevez said that these funds are sufficient to meet the needs of its members and their obligations.
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