Thinking Pinoy: "Garin Still Made PhilHealth Cash Cow Despite Bankruptcy Warning"

Popular social media personality and a well-known supporter of Pres. Rody Duterte on social media with more than a million followers, Thinking Pinoy or RJ Nieto in real life revealed on his latest post that former Health Secretary Janette Garin still made PhilHealth cash cow despite bankruptcy warning.


According to Thinking Pinoy, as early as 2012, PhilHealth has been warned about an impending 2018 bankruptcpy if it doesn't fix its finances, but the problem is that the Noynoy Aquino admin still used PhilHealth as a cash cow allegedly despite this dire warning.



RJ Nieto presented a slide taken from an internal PhilHealth board presentation showing the impending bankruptcy of the agency even before the recent expose of Sen. JV Ejercito about the bankruptcy of PhilHealth.

The Aquino government allegedly in 2015 allocated P10.6 billion from the National Budget for PhilHealth Coverage of Senior Citizens. Instead of actually using the said amount for its intended purpose, PhilHealth CEO Alex Padilla and PhilHealth ex officio Chairman Janette Loreto Garin machinated the transfer of the amount for the funding of DOH's School-based Health Center Program.

Despite the stern warning, ignoring the advice of PhilHealth's own fund managers, Padilla argued that PhilHealth can still fund senior citizen coverage even without the P10.6 billion infusion.

To know more about the expose of Thinking Pinoy, just head on to the official website of Thinking Pinoy.

Here's the Complete Expose of Thinking Pinoy:



GARIN STILL MADE PHILHEALTH CASH COW DESPITE BANKRUPTCY WARNING

In as early as 2012, Philippine Health Insurance Corporation (PhilHealth) has been warned about an impending 2018 bankruptcy if it doesn't fix its finances. The problem, however, is that the Noynoy Aquino government still used PhilHealth as a cash cow despite this dire warning.

The slide was taken from an internal PhilHealth board presentation. 

The Aquino Government in 2015 allocated P10.6 billion from the National Budget for PhilHealth coverage of Senior Citizens. 

Instead of actually using this amount for its intended purpose, the PhilHealth CEO Alex Padilla and PhilHealth ex officio Chairman Janette Loreto Garin machinated the transfer of the amount for the funding of Department of Health (Philippines)' School-based Health Center Program.

Ignoring the advice of PhilHealth's own fund managers, Padilla argued that PhilHealth can still fund senior citizen coverage even without the P10.6 billion infusion. 

And at where PhilHealth is right now: NABABANGKAROTE NA.

READ MORE: http://www.thinkingpinoy.net/2017/12/denggate-garins-p48-billion-botched.html

Here's the Presentation of PhilHealth's School-Based Brgy. Health Stations:

0 PPT - Reduced by ThinkingPinoy on Scribd



Source: Thinking Pinoy FB Page

Thinking Pinoy: "Garin Still Made PhilHealth Cash Cow Despite Bankruptcy Warning" Thinking Pinoy: "Garin Still Made PhilHealth Cash Cow Despite Bankruptcy Warning" Reviewed by Phil Newsome on May 26, 2018 Rating: 5
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