Skip to content

Philippines Today

home of the Global Filipino

Menu
  • News Stories
  • Regional News
  • Business & Economy
  • Science & Technology
  • International
Menu

PCSO charity fund to finance PhilHealth contribution

Posted on September 10, 2013

MANILA, (PNA) — A lawmaker Tuesday said the unclaimed prizes and the charity fund of the Philippine Charity Sweepstakes Office (PCSO) should be used as contribution to PhilHealth, forming part of special purpose fund as counterpart shares of the National Government and Local Government.

Rep. Anthony del Rosario (1st District, Davao Del Norte) filed House Bill 72, which provides that the charity fund shall no longer be channeled through hospital beneficiaries.

“While making health care more accessible to the indigents through PhilHealth, the bill ensures transparency in the utilization of the monetary resources and provides necessary safeguards against corruption specifically in the PCSO,” Del Rosario said.

In pushing for the bill, Del Rosario cited reports of alleged misuse of the charity fund by the PCSO Board of Directors who have discretionary powers on the disbursement of said fund.

“The PCSO does not provide clear institutionalized criteria on the disposition of funds, making it more prone to abuse,” Del Rosario said.

Under the bill, 35 percent of the charity fund of the PCSO shall be set aside as contribution to the Philippine Health Insurance Corp (PhilHealth) for the exclusive purpose of universal health care coverage.

The PCSO, the PhilHealth and the Department of Budget Management shall provide the necessary rules and regulations for the proper disposition of the funds and effective implementation of the proposed act.

The PCSO was created by virtue of Act 4130 in 1935 to institutionalize sweepstakes as a venture to raise funds for public health and general welfare. The PCSO charter was amended by Republic Act 1169 in 1954.

Presidential Decree 1157 increases the tax rates on winnings in jai alai and horseracing and the share of the government from the sweepstakes total prize fund.

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • More
  • Tumblr
  • Reddit

Related

News Categories

  • Announcement (34)
  • Business & Economy (1,567)
  • Comment and Opinion (74)
    • Random Thoughts (18)
  • Current Issues (425)
    • Charter Change (1)
    • Election (228)
    • Population (6)
  • International (389)
  • Life In Japan (66)
    • Everything Japan (41)
  • Literary (34)
  • Miscellaneous (610)
  • News Stories (5,312)
  • OFW Corner (297)
  • Others (75)
  • People (408)
  • Press Releases (163)
  • Regional News (3,362)
  • Science and Technology (502)
  • Sports & Entertainment (287)

Latest News

  • BSP keeps policy rates anew December 17, 2015
  • NEDA cuts PHL additional rice import for 2016 by 25% December 17, 2015
  • DA cites serious implications of banning genetically modified products December 17, 2015
  • BBL is not yet dead – Drilon December 17, 2015
  • Comelec recognizes Duterte’s CoC for president December 17, 2015
  • NEDA chief sees 2015 growth at 6% despite typhoons December 17, 2015
  • House of Representatives ratifies bicam report on P3.002-T national budget for 2016 December 17, 2015
  • Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town December 17, 2015
  • City gov’t eyes P75-M income from economic enterprise December 17, 2015
  • Baguio City LGU presents traffic plan for holiday season December 17, 2015

Archives

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Science and Technology

  • DOST-ICTO targets 500,000 web-based workers from countryside by 2016
  • (Feature) STARBOOKS: A ‘makeover’ for librarians
  • Science, research reduce ‘cocolisap’ hotspot areas in PHL
  • Montejo to further improve PAGASA and empower scientists
  • 1st PPP in biomedical research produces knee replacement system fit for Asians

Press Releases

  • Microsoft to buy Nokia’s mobile devices business for 5.44-B euros
  • New World Bank climate change report should spur SEA and world leaders into action: Greenpeace
  • Save the Philippine Seas before it’s too late — Greenpeace
  • Palanca Awards’ last call for entries
  • Philippines joins the global call for Arctic protection

Comment and Opinion

  • Remembering the dead is a celebration of life
  • Killer earthquake unlikely to hit Panay Island in near future – analyst
  • It’s not just more fun to invest in the Philippines, it is also profitable, says President Aquino
  • How does one differentiate a tamaraw from a carabao?
  • Fun is not just about the place, it is also about the people, says DOT chief

OFW Corner

  • Ebola infection risk low in Croatia
  • Death toll rises to 41, over 100 still missing in landslide in India
  • Asbestos use in construction a labor hazard
  • 500,000 OFWs to benefit POEA on-line transactions — Baldoz
  • 25 distressed OFWs return home from Riyadh
©2025 Philippines Today | Design: Newspaperly WordPress Theme