CFO commits to supporting US Medicare portability in the Philippines

Title CFO Commits to Supporting US Medicare Portability in the Philippines A Step Towards Healthier Retirees Abroad

The Evolution of International Healthcare CFO's Commitment to Supporting US Medicare Portability in the Philippines

As globalization continues to shape our world, international healthcare considerations have become a pressing concern for many. For American retirees living abroad, particularly in the Philippines, accessing quality medical care while staying within their budget has been a significant challenge. The Commission on Filipinos Overseas (CFO) has reaffirmed its commitment to support United States Medicare portability, paving the way for easier access to health insurance benefits for US citizens abroad.

A Reaffirmed Commitment

During a recent hybrid meeting between CFO representatives and Filipino American leaders, Secretary Dante Ang II reassured Eric Lachica of US Medicare Philippines that the commission would continue to support the initiative through government coordination and discussions with relevant stakeholders. This commitment marks a significant step forward in efforts to make US Medicare portability a reality for retirees living abroad.

The Current State

As reported by Lachica, while the US House Appropriations Committee did not endorse the Medicare Portability Bill, efforts to secure Senate sponsorship remain active. However, there is still cause for concern as the Affordable Care Act's subsidies are set to expire in 2026. If left unchecked, this could result in an estimated 22 million Americans under 65 losing health insurance coverage, ultimately leading to increased healthcare costs.

Reactivating and Revitalizing Advocacy

To bolster advocacy for the measure, Lachica emphasized the need to reactivate the Philippine working group on Medicare Portability, which last convened in 2014. This group should comprise key stakeholders, including the American Chamber of Commerce of the Philippines, the Department of Tourism's Medical Tourism Program, and the Private Sector Advisory Council's healthcare sector. Additionally, collaborating with Philippine Ambassador Jose Manuel Romualdez to address Medicare portability during meetings with White House officials would be crucial in driving progress forward.

The Road Ahead A Collaborative Effort

As we look ahead, it is clear that there is still much work to be done to make US Medicare portability a reality for retirees abroad. However, with the CFO's commitment and continued advocacy efforts, we can take heart in knowing that progress is being made. By working together towards a future where health insurance benefits are accessible and affordable for all, regardless of location, we can pave the way for healthier retirees abroad.

Keywords US Medicare portability, Commission on Filipinos Overseas (CFO), international healthcare, retirees abroad, health insurance benefits

Edward Lance Arellano Lorilla

CEO / Co-Founder

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