CoA: No proof PhilHealth incurred P154B in losses

By The Manila Times

Jun 21, 2020 12:09 am

The Commission on Audit (CoA) said it did not find evidence that the Philippine Health Insurance Corp. (PhilHealth) incurred losses amounting to P154 billion.

In a letter submitted to PhilHealth President and Chief Executive Officer Ricardo Morales last June 10, the Audit commission confirmed that the financial statements for the last five years reflected no such losses.

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