Free healthcare hinges on higher ‘sin’ taxes – DOF

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Filipinos would not enjoy the complete benefits of the recently enacted law providing lower to free health insurance coverage if Congress will not pass the proposed higher taxes on “sin” products, the Department of Finance (DOF) said.

According to Finance Secretary Carlos G. Dominguez III, the last three session weeks of Congress is crucial for the government’s universal health care program as it determines the funding for the Filipinos’ health care.

To bridge the financing gap of P426 billion, the DOF and the Department of Health are looking at higher excise tax on tobacco and alcohol as sources of funds for the UHC. Congress needs to act on the DOF and DOH-backed proposal under Sen. Emmanuel “Manny” Pacquiao’s Senate Bill No. 1599 before it ends on June 7 this year.

But if the current Congress gets to pass the law before it adjourns in June, PhilHealth coverage will expand to cover 120 drugs and there will be no limit on primary care treatment. Dominguez recalled that President Duterte urged Congress in his 3rd State-of-the-Nation Address last year to approve both the UHC and ‘sin’ tax increases, and subsequently agreed to certify Pacquiao’s bill, with the Cabinet recommending the swift passage of this measure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DoF, DoH: No sin-tax hike, no healthcare | The Manila Times OnlineTHE Departments of Finance (DoF) and Health (DoH) warned on Friday that the government would not be able to fully implement its Universal Health Care program — as it would be short of P63 billion in funds — if the planned sin-tax increase fails to pass into law. In a joint briefing, Finance S 500-1000 pesos/pack 👌🏻
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Sereno asks Comelec: How free were midterm polls from vote buying?Former Chief Justice Ma. Lourdes Sereno on Sunday called on the Commission on Elections (Comelec) to explain different election-related complaints, particularly the alleged cases of vote-buying in the country during the polling season. NAMercadoINQ hinihintay ko mag salita si Vp leni tungkol sa daan sa election...hehehehe NAMercadoINQ THANK YOU MRS SERENO BUT WE DO NOT NEED YOU RIGHT NOW. NAMercadoINQ Pulos bunganga
Source: inquirerdotnet - 🏆 3. / 86 Read more »

DoF, DoH: No sin-tax hike, no healthcare | The Manila Times OnlineTHE Departments of Finance (DoF) and Health (DoH) warned on Friday that the government would not be able to fully implement its Universal Health Care program — as it would be short of P63 billion in funds — if the planned sin-tax increase fails to pass into law. In a joint briefing, Finance S 500-1000 pesos/pack 👌🏻
Source: TheManilaTimes - 🏆 2. / 92 Read more »