<ul><li>The Asian Development Bank (ADB) suggests that the government should consider reinsurance to mitigate its exposure to healthcare costs during epidemics and pandemics.</li><li>Reinsurance options, such as stop-loss reinsurance, can provide coverage when claims exceed a certain threshold, protecting PhilHealth from sudden increases in claims during pandemic events.</li><li>Reinsurance leads to advantages such as pandemic risk modeling, risk-based pricing, capital relief, and access to pandemic risk models.</li><li>PhilHealth has substantial reserves and surplus, but the ADB emphasizes the need for clear coverage policies for pandemics and epidemics to effectively manage premiums and reserves.</li></ul>

Reinsurance seen shielding gov’t from PhilHealth cost blowouts

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