The VAT refund that got away?

Two weeks ago, our Let’s Talk Tax article covered the new Value-Added Tax (VAT) rules on sale of goods to ecozone entities and exporters. This was pursuant to Revenue Regulations (RR) No. 9-2021 which imposed 12% VAT on certain transactions that were previously taxed at 0%. The RR met with strong opposition from various stakeholders […]

P7.5B in claims paid by Philhealth-Central Visayas

THE Philippine Health Insurance Corp. (PhilHealth) 7 disclosed that from last year to May 27, 2021, it paid claims from various health care institutions in Central Visayas amounting to P7,582,612,550.48. A total of P366,360,394.52 was disbursed for coronavirus disease 2019 (Covid-19) in-patient coverage. Of the amount, P345,570,856.78 was paid to hospitals in Cebu; P14,101,498.66 to […]

Isolation hubs profiting from Covid, Gwen claims

CEBU Gov. Gwendolyn Garcia on Wednesday, Feb. 10, 2021, claimed that isolation facilities for coronavirus-positive individuals are making money from the pandemic since they get up to P22,449 to house one patient. This is the maximum reimbursement from state-owned Philippine Health Insurance Corp. (PhilHealth) granted to every qualified beneficiary of its Covid-19 community isolation benefit […]