5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Health advocates ask about virology center, PhilHealth funds ahead of SONA

by
July 22, 2024
in Stock
0
Health advocates ask about virology center, PhilHealth funds ahead of SONA
FREEPIK

Philippine health advocates expressed concern over the pending virology and disease control centers, as well as the national health insurer’s funds, ahead of the President Ferdinand R. Marcos, Jr.’s 2024 State of the Nation Address (SONA).  

The Virology and Vaccine Institute of the Philippines (VIP) Act of 2022, under Senate Bill No. 941, envisioned the VIP to be the “premier research and development institute in the field of virology, encompassing all areas in viruses and viral diseases in humans, plants, and animals.” 

The Department of Budget and Management said in September 2022 that it has earmarked around P419.3 million for virology-related projects.  

Meanwhile, at least two bills have been passed by the Upper House (2020’s Senate Bill No. 1440 and 2023’s Senate Bill No. 1869) proposing the creation of a Philippine Center for Disease Prevention and Control. 

“It’s been two years,” said Dr. Jaime Galvez Tan, former health secretary and chairman at Health Futures Foundation, Inc., a healthcare non-profit. “If it was urgent two years ago, then that should be appearing right now.” 

“Expectation ko nga after the July SONA, i-inaugurate na ang CDC (I was expecting the inauguration of the Center for Disease Control after the July SONA),” he said in a July 22 phone call with BusinessWorld. “Bakit hindi ko nakikita ang anino (Why haven’t we seen a whiff of that yet)?” 

Mr. Tan also talked about the non-communicable diseases that are the top causes of death in country: heart disease, hypertension, diabetes, cancer, and road accidents.

Philhealth Funds

“The recent controversy on PhilHealth’s [Philippine Health Insurance Corporation] P90 billion… wow. The poor are dying because they have no healthcare, and yet PhilHealth is awash with cash,” Mr. Tan said. 

Seventy medical societies and healthcare professional organizations have signed a statement asking President Marcos, Jr. to prevent the diversion of P89.9 billion of unused funds from the PhilHealth to the National Treasury. 

The Philippine Health Association (PHA)’s Council on Cardiac Catheterization has been appealing to PhilHealth since 2016 to provide subsidies for heart attacks, said Dr. Rodney M. Jimenez, a cardiologist and president of the PHA, one of the seventy organizations that signed the joint statement. 

This is “so that no patient will be turned down by the hospital or be required to have a substantial deposit before going percutaneous coronary intervention [a treatment that opens blocked heart arteries],” he said. 

PhilHealth’s benefits packages have not sufficiently been expanded to reduce out-of-pocket expenses, according to Dr. Anthony C. Leachon, a health reform advocate and past president of the Philippine College of Physicians. 

“It is alarming that, despite having excess funds, PhilHealth has yet to comply with the provisions of Section 11 of RA 11223 (or the Universal Health Care Act) premiums of direct contributors increase this year for the first time since the COVID-19 pandemic,” he said in a July 22 reply to BusinessWorld on X (formerly Twitter). – Patricia B. Mirasol

Previous Post

Six Tips for a Successful Online Gaming Business

Next Post

John Lewis recruits Stanley Tucci to revamp homeware range in bid to outshine Marks & Spencer

Next Post
John Lewis recruits Stanley Tucci to revamp homeware range in bid to outshine Marks & Spencer

John Lewis recruits Stanley Tucci to revamp homeware range in bid to outshine Marks & Spencer

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    PHINMA Corp. to hold Annual Stockholders’ Meeting on June 5 via remote communication

    PHINMA Corp. to hold Annual Stockholders’ Meeting on June 5 via remote communication

    May 13, 2025
    FDI net inflows drop to $529M in Feb.

    FDI net inflows drop to $529M in Feb.

    May 12, 2025
    Over 14,000 MW of new power projects set to go online by 2030

    Over 14,000 MW of new power projects set to go online by 2030

    May 12, 2025
    Demand for domestic debt issuances likely to rise

    Demand for domestic debt issuances likely to rise

    May 12, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.