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Essential medicines to be available free across more than 2000 outlets
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
2 days ago1 min read


Philippine finance chief sued over alleged US$2.8bn transfer of state insurers' funds
The Philippines' finance chief is being sued over the alleged diversion of funds from the country's state insurance institutions to the national treasury. The charges were filed by health reform advocate and former adviser to the Department of Health, Dr Tony Leachon. He filed plunder and technical malversation cases before the Office of the Ombudsman against Finance Secretary Ralph Recto over the PHP60bn ($1bn) diversion of funds from PhilHealth reserve funds and PHP107bn fr
May 292 min read


Liquidating pre-need firm pays out more than 17,000 claims so far, looking to pay out the rest
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
May 281 min read


PhilHealth benefit payments hit US$2.32bn from Jan-April 2026
The Philippine Health Insurance Corporation (PhilHealth) has paid out PHP143.22bn ($2.32bn) in benefit claims nationwide from 1 January 2026 to 30 Apri, 2026, marking a 56.15% increase compared to the PHP91.72bn released during the same period last year, reported the Philippine News Agency. PhilHealth said the increase in benefit payments reflects the state insurer’s continued effort to expand health coverage and improve access to medical services for Filipinos. Data showed t
May 281 min read


Philippines and UAE explore health insurance pact for overseas Filipino workers
The Philippines and the United Arab Emirates are working toward establishing a formal health insurance arrangement that would extend coverage to Filipino workers in the Gulf state, according to the Department of Health. It is said that the initiative marks a significant step in enhancing protection for one of the Philippines’ largest overseas worker populations. The talks are part of the Philippines President Marcos Jr. administration’s broader push to strengthen the welfare
May 261 min read


Philippine insurance sector posts steady Q1 2026 growth driven by rising assets and premiums
The Philippine Insurance Industry reported a stable performance in the first quarter of 2026, according to data from Manila's Insurance Commission (IC), supported by continued growth in premiums, invested assets, and benefit payments. Total benefit payments reached PHP43.44bn ($776m), higher than PHP39.01bn in the same period last year, reflecting stronger insurance uptake and continued claims support for policyholders. Total assets rose to PHP2.65tn from PHP2.48tn, while tot
May 221 min read


Rising demand for protection pushes insurance premiums past new milestone in 2025
The total premiums of the Philippine insurance industry breached the PHP500bn ($8.6bn) mark in 2025, driven by consumers' increasing focus on long-term protection despite economic uncertainties. Data from the Insurance Commission showed that premiums from the life, non-life, and mutual benefit sectors stood at PHP502.6bn at the end of 2025, up by 14.1% from PHP440.5bn in 2024. The life insurance sector remained the driving force of the Philippine insurance industry, accountin
Feb 131 min read


PhilHealth benefit claims soar to $5.1bn in 2025
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
Jan 231 min read
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