{"id":987524620,"date":"2021-04-29T03:37:10","date_gmt":"2021-04-29T02:37:10","guid":{"rendered":"https:\/\/p4h.world\/news\/delay-in-creation-of-an-indemnity-fund-led-philippines-to-be-one-of-the-last-southeast-asian-countries-to-receive-covid-19-vaccine-through-covax\/"},"modified":"2023-03-02T10:24:22","modified_gmt":"2023-03-02T09:24:22","slug":"delay-in-creation-of-an-indemnity-fund-led-philippines-to-be-one-of-the-last-southeast-asian-countries-to-receive-covid-19-vaccine-through-covax","status":"publish","type":"news","link":"https:\/\/p4h.world\/en\/news\/delay-in-creation-of-an-indemnity-fund-led-philippines-to-be-one-of-the-last-southeast-asian-countries-to-receive-covid-19-vaccine-through-covax\/","title":{"rendered":"Delay in creation of an indemnity fund led Philippines to be one of the last Southeast Asian countries to receive COVID 19 vaccine through COVAX"},"content":{"rendered":"<p>It is expected that&nbsp;countries&nbsp;<span>allocate a vaccine indemnification fund for procuring COVID-19 vaccine form the COVAX facility that essentially gives indemnity to vaccine makers if their COVID-19 shots cause adverse side-effects but more importantly secures treatment for its citizens in the case of such consequences.<\/span><\/p>\n<p><span>The Philippines was the last to create such a fund&nbsp;<\/span>in the last week of February when President Duterte&nbsp;<span>signed the bill into law<span>. The Congress allocated P500 million (USD 10.26 million) from the national government\u2019s<span>&nbsp;<\/span><\/span><a href=\"https:\/\/www.dbm.gov.ph\/wp-content\/uploads\/GAA\/GAA2021\/VolumeI\/CF.pdf\" target=\"_blank\" rel=\"noopener\"><span>P13-billion contingent fund<\/span><\/a><span>&nbsp;<\/span>to create the<span>&nbsp;<\/span><span><a href=\"https:\/\/www.officialgazette.gov.ph\/downloads\/2021\/02feb\/20210226-RA-11525-RRD.pdf\" target=\"_blank\" rel=\"noopener\"><span>&nbsp;COVID-19 National Vaccine Indemnity Fund<\/span><\/a><span>&nbsp;<\/span>that will<\/span><span>&nbsp;<\/span>compensate for adverse effects leading to hospital confinement, permanent disability or death.<\/span><\/p>\n<p><span><span>The Philippine Health Insurance Corp. (PhilHealth) has been tasked with administering the fund to compensate patients, issuing guidelines, utilization and determining sufficiency.&nbsp;<\/span><\/span><\/p>\n<p><em>Read the original article from <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-philippines\/philippines-duterte-signs-indemnity-bill-for-covid-19-vaccine-rollout-idUKKBN2AQ268?edition-redirect=uk\" target=\"_blank\" rel=\"noopener\">Reuters here<\/a>.<\/em><\/p>\n<p><em>Also read: <a href=\"https:\/\/verafiles.org\/articles\/vera-files-fact-sheet-vaccine-indemnification-fund-explained\">The Vaccine Indemnity Fund Explained<\/a><\/em><\/p>\n<p><em>Image credits: <a href=\"https:\/\/sa.kapamilya.com\/absnews\/abscbnnews\/media\/news-special1\/nation\/06\/24\/20160621-duterte-businessmen-rtr2.jpg\" target=\"_blank\" rel=\"noopener\">sa.kapamilya.com<\/a><\/em><\/p>\n<p><em>Have anything to say about the Indemnity law in the Philippines? Please let us know in the Comments Section below.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is expected that&nbsp;countries&nbsp;allocate a vaccine indemnification fund for procuring COVID-19 vaccine form the COVAX facility that essentially gives indemnity to vaccine makers if their COVID-19 shots cause adverse side-effects but more importantly secures treatment for its citizens in the case of such consequences. The Philippines was the last to create such a fund&nbsp;in the&#8230;<\/p>\n","protected":false},"author":559,"featured_media":987530666,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[],"tags":[123,2316,124],"acf":[],"_links":{"self":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987524620"}],"collection":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/users\/559"}],"replies":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/comments?post=987524620"}],"version-history":[{"count":0,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987524620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media\/987530666"}],"wp:attachment":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media?parent=987524620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/categories?post=987524620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/tags?post=987524620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}