On the sidelines of the Medicare and the Public Safety Mutual Benefit Fund Inc. (PSMBFI) contract signing, Medicare president and CEO Jayjay Viray said the firm is in expansion mode and is more than ready to comply with the increase in the minimum paid-up capital.
“We have raised our capital to P120 million, but we are just waiting for the approval of the SEC (Securities and Exchange Commission),” Viray told reporters.
Currently, Medicare's capital stock is at P50 million. The additional P70 million came from one partner that the HMO allowed to come in.
“We're expecting to have it approved within the year. We don't see any reason (for the non-approval) because we complied with everything,” Viray said.
Bu hikaye The Philippine Star dergisinin October 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Philippine Star dergisinin October 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Senators didn't ask why Duterte's drug war failed
Monday’s hearing at the actor-packed Senate began with comedy. Livestream viewers guffawed as a mustached solon spoke while his Mini-Me sat behind him.
Anomalous situation
To be liable for bigamy, the second or subsequent marriage contracted by the accused must have all the essential requisites for validity. If the second marriage contracted by the accused is not valid, she cannot be convicted of bigamy.
Seek the common good this Undas - BBM
President Marcos called on Filipinos to seek the common good and to become better stewards of the nation as they observe All Saints' Day and All Souls' Day.
JEAN-IOUS!
Known for using technical fabrics in contemporary suiting, Boggi Milano opens a flagship store in Greenbelt 5.
WHY ANTON HUANG CAN'T GET ENOUGH OF THIS 'QUIET LUXURY' BRAND—AND BROUGHT IT TO MANILA
Known for using technical fabrics in contemporary suiting, Boggi Milano opens a flagship store in Greenbelt 5.
BREAKING UP WITH MY STAN GIRL ERA
I did not fall out of love or outgrow K-pop. I simply realized the nasty culture that pervades it.
Dag-as, siyaman, laglagan & other Pinoy customs about the dearly departed
Being raised in Gulod has afforded me a front-row seat to some barrio customs about death. What seemed morbid and fearsome to me when I was a child has become a source of my own understanding of how death is also a celebration of a life well lived.
Robert Downey Jr. vows to 'sue' any future use of his likeness
LOS ANGELES - Robert Downey Jr. doesn't think Marvel executives would ever recreate his portrayal of Tony Stark using artificial intelligence. But if they did, he would lawyer up — even posthumously.
MIKKEL LENTZ ON WHY MICHAEL LEARNS TO ROCK SONGS STAND TEST OF TIME
Michael Learns To Rock (MLTR) has recently released the single, A Life To Remember. The latter is a welcome addition to the legendary Danish band's collection of hits and classics.
HOW AI-AI AND ARNELL'S SING-ALONG DAYS LED TO LIFELONG FRIENDSHIP
THERE'S NO CHANCE OF feeling blue whenever Ai-Ai delas Alas and Arnell Ignacio are around. Ai-Ai and Arnell appeared on \"Fast Talk with Boy Abunda\" a couple of days ago for \"The Talk\" segment.
