Senators scold PhilHealth chief for not flagging ‘unbelievable overpricing’

MANILA, Philippines --- Senators on Tuesday admonished Ricardo Morales, president and CEO of the Philippine Health Insurance Corp. (PhilHealth), for not immediately sounding the alarm over what they believed were "serious, unbelievable overpricing" in the agency's procurement and his supposed failure to rid it of corruption. PhilHealth's proposed procurement of 15 units of CISCO catalyst switches for P4.81 million --- at P320,000 each --- when the market price was just at P939,360 --- or at P62,424 per unit --- should have raised the "red flag" for Morales, senators said as they investigated fresh claims of the corruption in the agency. "Shouldn't you have raised the red-flagged th...Keep on reading: Senators scold PhilHealth chief for not flagging ‘unbelievable overpricing’

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.