PhilHealth writes off P20.67B in unreleased appropriations while giving away P89.9B to deadbeat government - BusinessWorld Online

PhilHealth writes off P20.67B in unreleased appropriations while giving away P89.9B to deadbeat government - BusinessWorld Online

The financial statement of the Philippine Health Insurance Corp. Or PhilHealth in September 2024 reflects P20.671 billion as “the Expected Credit Loss is 100% for Due from the National Government for the years 2016 and below.” The breakdown can be seen in Table 1. The same financial document showed another P56.44 billion remained with the Department of Budget and Management (DBM) as of September 2024. Thus, the amount withheld by DBM as of Septe…