WHEREAS, actuarial studies indicate that the Health
Insurance Fund of Program I of the Philippine Medical Care Plan has a sizeable
reserve after settlement of all claims against it; and
WHEREAS, such Health Insurance Fund reserve permits an
increase in the extent and scope of benefits of the beneficiaries of the
Plan;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution as
Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to
Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated
September 22, 1972, as amended, do hereby order and decree, that: