VOL.12 ISSUE 1 • SUNDAY-MONDAY, MARCH 10-11, 2019
P 15.00 • 28 PAGES
www.edgedavao.net
EDGE DAVAO Serving a seamless society
DRIVEN AT
EDGE Serving a seamless society
DAVAO
DRIVEN BY PASSION•DRIVEN BY DETERMINATION•DRIVEN BY INNOVATION
ANNIVERSARY SPECIAL SUPPLEMENTINSIDE
► DILG 11 REMINDS VILLAGE OFFICIALS TO HOLD ASSEMBLIESP2 ► WOMEN SUMMIT TARGETS ECONOMIC EMPOWERMENTP4
READYING FOR UHC
ANNIVERSARY. A simple cake marks the 11th foundation Day of Edge Davao. It is made by sister company, Yolks Flower Cafe and Cupcakery along Juan Sarenas St. A collage of photos by Lean Daval Jr. and Christian Jay Rafal
PhilHealth’s income up 4,800 %, covers 104 M Pinoys: Ferrer By ANTONIO M. AJERO
T
he Philippine Health Insurance Corporation (PhilHealth) earned a net income of P11.6 billion in 2018, or 4,800 percent over its income in 2017. PhilHealth now covers 104 million Filipinos, equivalent to 98 percent of the country’s total population of 106 million people. This was the report of Dr. Roy B. Ferrer, PhilHealth president and chief executive of�icer, during a media “kapihan” (press conference) yesterday at the Royal Mandaya Hotel in
Davao City. Ferrer who is from Davao City described the huge income as “ a sterling �inancial performance that re�lects intensi�ied premium collections, ag-
gressive investments, and prudence in our spending without compromising our commitments to our health care providers.” “Our total investment portfolio is at P149 billion, while our reserve fund is at P97 billion at the end of 2018,” the PhilHealth head said. On the expense side, he said “we paid a total of P121 billion in health care bene�its, which is 10 percent higher that what we
paid for in 2017.” PhilHealth-accredited health facilities now number 1,859, which correspondence to 99 percent of all hospitals licensed by the Department of Health (DOH) in the country. Ferrer said PhilHealth together with the DOH is currently in the thick of preparing for the full implementation of the newly-approved Republic Act 11223, more popularly
READYING, P9
More investments eyed in Davao Or
D
AVAO ORIENTAL – After seeing Davao Oriental’s promising investment potentials, some groups of investors have eyed to set their businesses here. The Governor’s Chief of Staff Ednar Dayanghirang, during the regular meeting of the heads of of�ices on Monday, divulged that there are two separate Fili-
pino-Chinese investors who are planning to set up their businesses here. The Yeung Marine Holdings, Inc. has expressed its interest in investing on fruit farming, requiring at least 1,000 hectares of land for a fruit plantation. Moreover, they also plan to engage in fruit processing which needs the establishment of a fruit
MORE, P5