Over 2000 facilities under the Guaranteed and Accessible Medications for Outpatient Treatment (GAMOT) package providers nationwide are ready to give GAMOT members 75 essential medicines at no cost, according to the Philippine Health Insurance Corporation (PhilHealth). The free medicines include those for treatment of infections, asthma and chronic obstructive pulmonary disorder, diabetes, high cholesterol, high blood pressure and heart conditions, and nervous system disorders

Given the low insurance take-up in the Philippines, especially for homes, the insurance industry expects to see a wide divergence between insured and economic losses due to the 7.8 magnitude offshore earthquake that struck the southern part of the country on 8 June 2026. The Philippine Insurers and Reinsurers Association (PIRA) in a communication on 08 June 2026 extended its deepest sympathies to the families, communities, and local governments of Southern Mindanao affected b

As it continues the liquidation process, The Philippines' insurance regulator, the Insurance Commission, has revealed that Danvil has paid out over PHP1.62bn ($26.31m) in claims. According to a statement from the Insurance Commission, this represents payment to 17,274 claims during Danvil’s liquidation and 15 claims after the formal closure of liquidation proceedings on 6 March 2026. Pre-need firm Danvil was placed under conservatorship on 14 October 2010 and was subsequently

The Philippine Health Insurance Corporation (PhilHealth), the state insurer of the Philippines, has reported paying more than PHP300bn ($5.07bn) in benefit claims across the country in 2025. According to reports from state-owned media, PhilHealth disbursed PHP300.45bn, with PHP177.7bn allocated to private health facilities and PHP122.75bn to government hospitals between January and December 2025. The figure represents an 81.72% increase compared with 2024, when total benefit

A new study in the Philippines has revealed that the total health spending in the country had reached PHP1.4tn ($23.81bn) in 2024, which translates to about 5% of the country's GDP. According to a news report published in the Philippine daily Inquirer, the study conducted by the Philippine Institute for Development Studies (PIDS) found that the public spending drove most of this growth through the Department of Health, the Philippine Health Insurance Corporation and local gov

Southeast Asia may soon have an insurance programme for rebuilding damaged infrastructure following natural catastrophes. This was announced by the Philippine Department of Finance (DOF) after the 8th Technical Meeting of the Southeast Asia Disaster Risk Insurance Facility (SEADRIF) held in Kyoto, Japan, in October. The DOF said member countries at the meeting agreed to explore the creation of the SEA|DRIF Sovereign Asset and Fiscal Empowerment (SEADRIF-SAFE) facility. The in

The world's water resources face growing pressure from climate change while emergencies involving the life-giving resource are...

Philippines senator Christopher Lawrence Bong Go has urged the Philippines Health Insurance Corporation to develop more benefit packages...