Private companies take steps to widen insuramce coverage

LOCAL insurance companies have been seeking to increase health insurance coverage either on their own or in partnership with the Ministry of Health and Wellness and other government bodies.

Willard Brown, executive vice-president, Employee Benefits Division, Sagicor Life Jamaica, says his company is worried about that situation.

“Sagicor has been concerned about the low penetration rate of health insurance in Jamaica and has been making an effort to address this by offering insurance to various sectors of the society which have historically found it difficult to obtain coverage.”

The company, he said, has launched several unique health plans for niche groups. One is the School Companion Plan, a health plan which provides coverage for medical expenses for full-time students up to age 21, enrolled in school.

https://www.jamaicaobserver.com/sunday-finance/private-companies-take-steps-to-widen-insurace-coverage_248206