Reinsurance seen shielding gov’t from PhilHealth cost blowouts

THE Asian Development Bank (ADB) said the government needs to consider reinsurance to mitigate the government’s exposure to healthcare costs during epidemics and pandemics. “Reinsurance would allow for either a category of risk (such as pandemic risk) or a proportion of claim risk to be transferred out of PhilHealth’s portfolio,” the ADB said in a […]

Reinsurance seen shielding gov’t from PhilHealth cost blowouts
THE Asian Development Bank (ADB) said the government needs to consider reinsurance to mitigate the government’s exposure to healthcare costs during epidemics and pandemics. “Reinsurance would allow for either a category of risk (such as pandemic risk) or a proportion of claim risk to be transferred out of PhilHealth’s portfolio,” the ADB said in a […]