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PCSO gives P20.19-M endowment fund to seven hospitals


By Jel Santos

The Philippine Charity Sweepstakes Office (PCSO) recently gave P20.19 million endowment fund to seven hospitals.

This was disclosed by PCSO General Manager Alexander Balutan on Thursday, December 14 .

He said that of the P20.19 million, P5 million was donated to Dr. Paulino J. Garcia Memorial Research and Medical Center; P1 million to Camp Aquino Station Hospital-Northern Luzon Command; P2.190 million to White Cross Children’s Home Hospital; P5 million to West Visayas State University Medical Center; P3 million to Benguet General Hospital; P3 million to Sulu Provincial Hospital; and P1 million to Tamparan District Hospital.

The hospitals, as per Balutan, should provide their liquidation report.

“Beneficiary hospitals should submit their liquidation report within the prescribed period. We have measures to monitor the utilization of our funds. We are a generous giver, but our beneficiaries must make sure they utilize the fun properly and it will really benefit the poorest of the poor,” he reminded.

Balutan said PCSO is currently waiting for the enactment of the Universal Health Care bill, which will ensure all Filipinos will have access to quality and affordable medicines.

“With that, PCSO’s whole Individual Medical Assistance Program (IMAP) and the EF, which is included in the 30 percent overall Charity Fund, shall be transferred to Philhealth,” he said.

The general manager explained that the proposed system is the remittance of PCSO contribution to Philhealth is on a quarterly basis. “The agency is set to remit P6 billion or more to Philhealth annually.”

IMAP, the flagship project of PCSO, includes services such as financial assistance for hospital bill, chemo/radiation and dialysis treatments and other medical services to patients who need immediate financial assistance.

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