The Philippine Health Insurance Corporation (PhilHealth) should be abolished in the wake of widespread corruption allegations.
Foreign Affairs Secretary Teodoro Locsin Jr. made the call for the sale of PhilHealth assets so the private sector can take over and provide better healthcare coverage.
“Abolish it and sell the assets, let private sector offer better terms, cheaper premiums, better coverage,” Locsin tweeted.
“Anyway the Insurance Commissioner can screw the thieving foreign or local insurance company that price-gouges the public,” he said.
Locsin proposed the abolition after Senate President Tito Sotto called for the appointment of a businessman to lead the state health insurance provider.
PhilHealth is currently led by retired military general Ricardo Morales. The corporation President and chief executive officer Ricardo Morales has been under fire for alleged failure to clamp down on rampant anomalies in PhilHealth, including his endorsement of the allegedly overpriced budget proposal for an information technology department.
Abolish it and sell the assets, let private sector offer better terms, cheaper premiums, better coverage; anyway the Insurance Commissioner can screw the thieving foreign or local insurance company that price-gouges the public. https://t.co/0LD0sduDux
— Teddy Locsin Jr. (@teddyboylocsin) August 6, 2020
Source: Latest Politics News Today (Politics.com.ph)
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