PhilHealth will be releasing a Php30 Billion fund to accredited hospitals to help in the fight against COVID-19. The fund will be through the interim reimbursement mechanism or IRM.
According to historical data, the amount is equal to a three-month worth of claims and will just be deducted to future claims.
The accredited hospital will need to submit a letter of intent to avail of the IRM.
This is a part of PhilHealth’s efforts to avoid return-t0-hospital payments from 2019. This will also add what the Philhealth is giving to the hospitals.
“Ang PhilHealth ay mananatiling matatag upang sumuporta sa pamahalaan sa paglaban sa CoVid-19. Ito ay pambihirang panahon na nangangailangan ng kakaibang pamamaraan at ang IRM ay siguradong makakatulong sa layunin ni Presidente Rodrigo Duterte na masolusyunan at maiwasan ang pagkalat ng nasabing virus,” said PhilHealth President and CEO Ricardo C. Morales.
In the meantime, the agency also extended the deadline for contributions of self-paying members. They can pay their contributions anytime before April 30 instead of the March 31 deadline. The contribution will not have any interest to ease the burden of the members.
Aside from this, the policy of single confinement for 45-days is waived. The submission of claims are extended from 60 to 120 days or more depending on the decision of PhilHealth.