Senate Majority Leader Juan Miguel Zubiri on Wednesday assured the swift passage of the bill that would speed up the purchase of COVID-19 vaccines and ensure compensation for those who will experience adverse effects after their immunization.
(JANSEN ROMERO / FILE PHOTO / MANILA BULELTIN)
SSS President and CEO Aurora Ignacio made this disclosure even as the House Committee on Public Accounts directed the SSS to submit a full report explaining its management of the social pension fund, including documents detailing its P550 billion investments in various income-earning ventures.
Chaired by Probinsyano Ako Rep. Jose “Bonito” C. Singson Jr. , the House panel launched its inquiry into the management by state-owned firms of social security and medical care funds in order to ensure their financial stability.
Singson said a simultaneous investigation will be conducted into the fund management of the Government Service Insurance System and the Philippine Health Insurance Corporation.
House committee to conduct probe into financial condition of SSS
Published February 14, 2021 11:50am The House Committee on Public Accounts will look into the financial condition of the Social Security System (SSS), its chairman and Probinsyano Ako Party-list Representative Jose Bonito Singson Jr. said on Sunday. Singson filed House Resolution 1563 which called for the said inquiry to find out if any legislation is needed to address weaknesses or excesses in the social security program. The House of Representatives on Feb. 1 approved on third and final reading the measures seeking to grant the President the authority to suspend the scheduled increases in the contribution rates of the Philippine Health Insurance Corp. (PhilHealth) and SSS in times of national emergencies.
This is in light of the requirement from suppliers for the national government to set up a compensation fund for COVID-19 vaccine recipients who may suffer serious side effects to avoid liability since their products are still under development.
SunStar
+ February 11, 2021 WHILE Covid-19 is a true story, there might also be some grain of truth to the claim of Cebu Gov. Gwendolyn Garcia that isolation facilities are making money from the pandemic.
Garcia said these facilities claim for a single patient P22,449, the maximum reimbursement from the Philippine Health Insurance Corp. (PhilHealth) granted to a beneficiary under the Covid-19 community isolation benefit package (CCIBP).
Covid-19 has become an “incentivized disease,” said the governor. “Isolation centers now are lucrative businesses. Because who wanted to spend P22,449 to feed and house a patient within 10 days?” the governor said.
Garcia cites, for instance, tuberculosis, a severe illnesses, which is being ignored because the attention has been focused on Covid-19 for reasons that it is covered by the Philhealth package. Under the insurance firm’s Circular 2020-0012, a DOH-certified community isolation unit (CIU) may claim reimbursements