PhilHealth had revealed before that its fund life would only last until 2027. However, in September 2021, PhilHealth’s acting senior vice president Nerissa Santiago said that PhilHealth would just last until 2027 if members would not pay higher premiums.

PhilHealth’s net loss for 2021 was expected to reach around P57 billion.

PhilHealth’s member contributions were raised in June – retroactive from January 2022. Despite this, PhilHealth’s fund life has not increased.

It was also reported that Pagcor and PCSO have yet to remit their contributions for PhilHealth as of August. However, during the Senate committee on health hearing, PhilHealth said it expects to collect P188.66 billion from both Pagcor and PCSO.

It was also revealed that government subsidy to PhilHealth was at a record-high of P80.9 billion in 2021. — With reports from Catherine Dabu, trainee