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Section 34 of the same Act is hereby amended to read as follows:
"SEC. 34. Provider Payment Mechanisms. The following mechanisms for public and private providers shall he allowed in the Program:
"(a) Fee-for-service payments payments made by the Corporation for professional fees or hospital charges, or both, based on arrangements with health care providers. This fee shall be based on a schedule to be established by the Board which shall be reviewed periodically but hot less than every three (3) years;
"(b) Capitation of health care professionals and facilities, or networks of the same including HMOs, medical cooperatives, and other legally formed health service groups;
"(c) Case-based payment;
"(d) Global budget; and
"(e) Such other provider payment mechanisms that may be determined and adopted by the Corporation.
"Subject to the approval of the Board, the Corporation may adopt other payment mechanism that are most beneficial to the members and the Corporation.
"Each PhilHealth local office shall recommend the appropriate payment mechanism within its jurisdiction for approval by the Corporation. Special consideration shall be given to payment for services rendered by public and private health care providers serving remote or medically underserved areas."
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