Idle funds

Some government agencies seem to disagree regarding the transfer of PhilHealth's idle fund of ?90 billion. The Department of Finance (DOF) wants the unused funds returned to the government coffers for “unprogrammed appropriations.” The Maharlika Fund comes to mind but that could mean “anything.” According to PhilHealth President Emmanuel Ledesma Jr., the premium rates paid by PhilHealth members may be reduced in light of the unused funds. The recommendation will be given to President Bongbong Marcos Jr. immediately.

But Department of Health Secretary Herbosa said he does not know what Ledesma is talking about. Herbosa sits as the ex-officio chairman of PhilHealth’s board of directors. He said that no process or law exists as to how to reduce the premium paid to PhilHealth. In fact, PhilHealth recently raised the member contribution from 4% to 5%. Secretary Herbosa was even one of those who opposed the increase at the time. Several senators also questioned the transfer of funds.

I don't understand why the president of PhilHealth himself is willing to give the accumulated idle funds back to the government if the country's state of healthcare is not exactly stellar. ?90 billion will go a long way to help many Filipinos. Many members will benefit if the money is used for them. PhilHealth has done well in raising the case rate of dialysis patients. That's a big help. But many sick people can also benefit from the funds.

Those with cancer need chemotherapy. People with diabetes need medication, especially insulin. Medications for those with heart disease, some even needing surgery. There are many other conditions under which PhilHealth can increase the assistance. Remember that PhilHelath's mandate under Republic Act No. 11223 is to provide universal health coverage for all Filipinos. Do you think that has been achieved for many Filipinos?

PhilHealth can also help government hospitals that need equipment. So many government hospitals need so many things. From cotton balls to advanced diagnostic equipment like CT scans and MRIs. Just imagine the lives that can be saved if government hospitals have good if not the best diagnostic equipment. The majority of members cannot afford medical services provided by the top hospitals in the country. In other words, if PhilHealth has ?90 billion that is idle, then use it for health benefits, not “unprogrammed appropriations.” Doesn't the government already have funds in the budget for its projects? And if PhilHealth has such a large idle fund, then the agency shouldn't be behind in paying hospitals, doctors, dialysis centers, and the like and not even entertain transferring it back into the hands of the government.

There is a saying, “The idle mind is the devil’s playground.” I would say the same for idle government funds.