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PhilHealth trims PRC debt by P700M

Republika

The Philippine Health Insurance Corporation (PhilHealth) recently paid P700 million of their nearly P1-billion debt to the Philippine Red Cross (PRC), reducing their arrears down to P377 million.

Spokesperson Rey Baleña announced that they will be shelling out P100 million weekly until the debt is fully paid.


The PRC previously suspended swab tests for overseas returning workers as well as operations in mega-swabbing facilities and local government units due to the state insurer’s original tab of over P930 million.


The humanitarian body resumed testing shortly after P500 million was paid to them last October 27.


PRC chair and senator Dick Gordon explained that Covid19 funds were used up quickly due to thousands of samples processed. Red Cross is responsible for 30% of nationwide testing.


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