The President noted that he does "not have the slightest doubt about the integrity and honesty" of Philhealth chief Roy Ferrer, but losses of some P100 billion is "totally, totally unacceptable." He made the statement in light of a "ghost" dialysis scandal involving a Quezon City clinic, which allegedly made claims from PhilHealth for two years for patients who were already dead. "For the sheer amount that was lost, I have to reorganize your entity, change maybe all of you and install a more --- systems of accounting and accountability," he said. https://news.abs-cbn.com/news/06/08...154-billion-loss-to-ghost-patients-deliveries
Crikey... almost as bad as the NHS being shafted by the drug company extortionists. But... show them that great big pot of easy money, and what do you think might possibly happen, especially in a country where not everyone is honest as the day is long ?
I'm not even trying to be accurate but that should be about 1 percent of the total Gross Domestic Product (GDP) of the entire country. That seems like a rather large number and amount of money to have been ghosted in the space of a couple of years, in Philippine terms.
According to XE,The RP`s GDP in 2017 from USD to PHP is 16,302,758,703,244.40 Philippine Pesos. Is that 16 trillions or billions?
According to this story, 154 Billion PHP was lost over a 5 year period. PhilHealth ‘mafia’ seen behind padded claims. If allegations of padded or manufactured medical benefit claims are true, how could hospitals be so brazen in defrauding Philippine Health Insurance Corp. (PhilHealth)? This wouldn’t be the case “if no one from the inside is protecting them,” Minguita Padilla, former head executive staff of former Health Secretary Janette Garin, told the Inquirer. “The fraud in the health care providers will not proliferate, continue, flourish unless they have some help from the inside, unless they have conspirators,” she said. A PhilHealth official, who requested anonymity for security reasons, said that every time someone new came in to head the state insurance company, a group of board members saw to it to bring to that person’s attention the need to review PhilHealth’s case rates and the payments made, which the Commission on Audit has repeatedly flagged over the years. The official and his colleagues “conservatively estimate” that from 2013 to 2018, the public lost P154 billion due to PhilHealth’s overpayments and other fraudulent schemes. Read more: https://newsinfo.inquirer.net/1127963/philhealth-mafia-seen-behind-padded-claims#ixzz5qJXVMRZo Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
GDP 2019 comes up as 354 billion USD 100 billion peso is about 1.926 billion USD I was using slightly older numbers but that's still about .55 percent which is a pretty big number.
