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Philhealth refused to pay the ransom, thus the hacker group published all the stolen data in the dark web. Multiple sensitive data became available publicly such as hospital billing, internal memos, and identification documents. Philhealth has said that member data has not been compromised as it is located in a separate server.
GCash also revived its remittance service, now called GCash Padala, and made it available to non-app users through its 2,000 partner outlets nationwide. [ 10 ] [ 11 ] GCash's parent company, Mynt, made history as the Philippine's first double unicorn when it announced that it raised $300M in funding last November 2021 at a $2B valuation.
The private sector is market-oriented, with healthcare paid for through user fees. The Philippine Health Insurance Corporation (PhilHealth) was established in 1995 to provide financial protection for Filipinos, and its membership has grown significantly in recent years. [26]
Maya Wallet, powered by Maya Philippines, Inc. and commonly still referred to as PayMaya, allows money transfers between Maya users; send money to other local and international banks; pay recurring bills; purchase mobile and gaming prepaid credits; pay offline merchants by scanning unique QR codes; checkout from online stores using virtual or physical cards; and get insurance coverage for e ...
A total of ₱96.336 billion was allocated to the DOH in the 2017 national budget, which includes funds for the construction of additional health facilities and drug rehabilitation centers. Ubial said poor patients in government hospitals do not even have to present PhilHealth cards when they avail of assistance.
The agency responsible for implementation is the Social Security System (SSS), and also the Government Service Insurance System (GSIS), the Philippine Health Insurance Corporation (PhilHealth), and the Pag-IBIG Fund (Home Development Mutual Fund) use the card. [3] The card was also suggested to be used as a voter ID. [4]
Historical marker installed in 2008 at the SSS head office in Quezon City. President Manuel Roxas, to give relief to the people who were facing difficulties in the post-war period, called on the legislators to create a social security program in his State of the Nation Address in January 1948 but he died without passing the bill.
Instead of paying with cash, cheque, or credit card, a consumer can use a payment app on a mobile device to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, [ 1 ] it is only in the 21st century that the technology to support such systems has become ...