PhilHealth mulls release of emergency cash aid to hospitals for Covid response
THE Philippine Health Insurance Corporation (PhilHealth) is considering the release of its emergency cash advance to hospitals to help them respond to the Coronavirus disease 2019 (Covid-19) pandemic.
Called the Interim Reimbursement Mechanism (IRM), it gives hospitals, and other allied facilities emergency funds to continuously provide healthcare services during calamities.
In a statement, PhilHealth said that it would review each hospital’s use of the first IRM tranche and urge them to liquidate to be eligible for the second tranche to be made availabe particularly to Covid hospitals in the National Capital Region (NCR), Regions 3 (Central Luzon), 4 (Calabarzon and Mimaropa) and 7 (Central Visayas) where virus cases are high and bed capacity nears full capacity.
Philhealth said that it would provide hospitals with cash advance equivalent to three months’ worth of claims based on their 2019 data.
It also assured the public that its funds were adequate and available “[to] ensure that all patients, whether of Covid-19 or not, [given] adequate care when needed without experiencing financial difficulty as mandated by the Universal Health Care Law”.