The Philippine Health Insurance Corporation (PhilHealth) has officially received the P60 billion funds from the National Treasury, months after President Ferdinand Marcos Jr. ordered their return. In a statement, PhilHealth confirmed the receipt, saying, 'PhilHealth has officially received the P60 billion from the National Treasury in accordance with the directive of President Ferdinand Marcos Jr.' The agency added, 'This move is a clear statement of the President's confidence that PhilHealth will fulfill its mandate to be a partner in the health needs of every Filipino.'
Commitment to Improved Services
With the funds returned, PhilHealth vowed to use the budget to further enhance its healthcare services and benefit packages. The agency stated it is committed to correctly utilizing the public funds entrusted to it. 'PhilHealth reaffirms its commitment to safeguard the trust placed in it by the President and the people,' the agency said. 'The corporation will ensure that every peso is allocated to improving benefits, strengthening systems to expedite processes, and delivering fast, fair, and truly reliable services to every Filipino.'
Background of the Fund Transfer
In September 2025, President Marcos ordered the return of PhilHealth's P60 billion in excess funds that had been transferred to the National Treasury. The initial transfer occurred in February 2024, when the Department of Finance directed the transfer of PhilHealth's excess funds amounting to P89.9 billion to the National Treasury. This latest development marks a significant reversal, returning a substantial portion of those funds to the state-run health insurer.
