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PhilHealth says funds enough to pay for hospitals’ claims By TED CORDERO, GMA News
Published May 21, 2021 10:40am The Philippine Health Insurance Corp. (PhilHealth) on Friday assured the public it has enough funds to cover the unpaid claims it owes to hospitals amid complaints that the state health insurer’s obligations are mounting to billions of pesos. “PhilHealth reiterates its commitment to pay its obligations to its partner hospitals,” the agency said in a statement. “It has sufficient funds to fulfill its obligations,” it said. At a Senate hearing on Wednesday, Philippine Hospital Association president Dr. Jaime Almora said private and public hospitals were forced to use their savings and borrow from banks to sustain their operations due to PhilHealth s alleged failure to pay the claims for COVID-19 cases since March 2020.
MGIC Investment Corporation Reports First Quarter 2021 Results
First Quarter 2021 Net Income of $150.0 million or $0.43 per Diluted Share
First Quarter 2021 Adjusted Net Operating Income (Non-GAAP) of $148.0 million or $0.42 per Diluted Share
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MILWAUKEE, May 5, 2021 /PRNewswire/ MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2021. Net income for the quarter was $150.0 million, or $0.43 per diluted share, compared with net income of $149.8 million, or $0.42 per diluted share, for the first quarter of 2020.
Adjusted net operating income for the first quarter of 2021 was $148.0 million, or $0.42 per diluted share, compared with $147.5 million, or $0.42 per diluted share, for the first quarter of 2020. We present the non-GAAP financial measure Adjusted net operating income to increase the comparability between periods of our financial results. See
MGIC Investment Corporation Reports Fourth Quarter 2020 Results
Fourth Quarter 2020 Net Income of $151.4 million or $0.44 per Diluted Share
Fourth Quarter 2020 Adjusted Net Operating Income (Non-GAAP) of $149.5 million or $0.43 per Diluted Share
Full Year 2020 Net Income of $446.1 million or $1.29 per Diluted share
Full Year 2020 Adjusted Net Operating Income (Non-GAAP) of $456.8 million or $1.32 per Diluted Share
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MILWAUKEE, Feb. 23, 2021 /PRNewswire/ MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2020. Net income for the quarter was $151.4 million, or $0.44 per diluted share, compared to net income of $177.1 million, or $0.49 per diluted share, for the fourth quarter of 2019. Net income for the full year of 2020 was $446.1 million, or $1.29 per diluted share, compared to $673.8 million, or $1.85 per diluted share, for the full year of 2019.
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