Hashtag: #HealthInsurance

Health Council ‘Increasing Necessary Oversight’

Health Council ‘Increasing Necessary Oversight’

The Bermuda Health Council is continuing its mission “to ensure that everyone in Bermuda can access healthcare without significant financial loss.” A spokesperson said, “Health insurance costs in Bermuda today range from approximately $5,200 to $21,600 per person per year. If you are at the bottom of this scale or have no insurance coverage... Read more of this article

BHEC: “A Win For Bermuda’s Health System”

BHEC: “A Win For Bermuda’s Health System”

The Bermuda Health Council said they are “elated at the passing of the Health Insurance Amendment Act 2017,” saying the “passing of this Act will now ensure that all dialysis treatments are covered by the Mutual Reinsurance Fund.” “This will increase efficiencies in payment and reduce health costs by consolidating expenditure... Read more of this article

Health Council List ‘Non-Compliant’ Employers’

Health Council List ‘Non-Compliant’ Employers’

The Bermuda Health Council said they are “experiencing a high rate of complaints from members of the public because employers are not providing health insurance coverage for their employees.” “Since January 2017, the Bermuda Health Council has received 147 complaints and queries related to employer health insurance coverage,”... Read more of this article

Minister: Health Miscellaneous Amendment Act

Minister: Health Miscellaneous Amendment Act

The Health [Miscellaneous] Amendment Act 2017 brings a number of amendments related to health insurance, standard health coverage and fees, Minister of Health and Seniors Jeanne Atherden said in the House of Assembly on Friday [May 12] The Minister said, “It is with pleasure that I bring to this Honourable House today, the Health [Miscellaneous] Amendment... Read more of this article

BHEC: SPR To Decrease From $338 To $334

BHEC: SPR To Decrease From $338 To $334

Effective 1st June 2017, Standard Premium Rate [SPR] will decrease from $338.07 to $334.00,BHEC said today, explaining that the “decrease was achieved through changes made to SHB, such as encouraging palliative care in the home setting, introducing oral chemotherapy drugs, decreasing the price of dialysis and reducing BHB fees for diagnostic imaging.” BHeC... Read more of this article

Simplify Process: Personal Home Care Benefit

Simplify Process: Personal Home Care Benefit

The Health Insurance Department [HID] said they have made several changes which will simplify the claims process relating to the Personal Home Care Benefit. “The Personal Home Care Benefit [PHC] was introduced in 2015 as a HIP and FutureCare benefit under the Health Insurance Act 1970. The Benefit assists FutureCare and HIP policyholders with... Read more of this article

Health Council: $84.5M Spent On Overseas Care

Health Council: $84.5M Spent On Overseas Care

Bermuda spent $84.5 million on overseas care between 1st April 2015 and 31st March 2016, with $6M going toward transportation and accommodation, according to a new report from the Bermuda Health Council. “Recognising the importance of specialised overseas care to health outcomes, the Bermuda Health Council developed a report, Overseas Care: A... Read more of this article

MoonGate & MASA Set To Increase Benefits

MoonGate & MASA Set To Increase Benefits

MoonGate Insurance Ltd and its trading partner Medical Air Services Association [MASA] both announced increased benefits to the Bermuda resident population. A spokesperson said, “MoonGate, which was established in October, 2013, offers the HealthGap Supplement which is designed to work in conjunction with basic insurance policies, such as HIP... Read more of this article

Overseas Visitors To Attend Healthcare Forum

Overseas Visitors To Attend Healthcare Forum

More than 160 healthcare industry specialists will converge on Bermuda this week to hear world-class speakers and experts discuss risk-management trends and challenges facing healthcare providers in the United States. Overseas delegates to the inaugural Bermuda Healthcare Forum, to be held at Rosewood Tucker’s Point March 15 and 16, include insurance... Read more of this article

Court Rules In Favour Of Retired BELCO Workers

Court Rules In Favour Of Retired BELCO Workers

Over 100 retired BELCO employees brought legal action over a change to their health insurance policies, with the Court ruling that none of the other options offered by BELCO would satisfy the Promise the company had made to them, adding that the Plaintiffs seek an order that BELCO shall continue to honour the terms of the Promise and “they shall... Read more of this article

‘Increase In Employers Not Providing Insurance’

‘Increase In Employers Not Providing Insurance’

The Bermuda Health Council said they have noticed “an increase in employers who are not providing their employees with health insurance coverage” saying there are currently “46 non-compliant employers, affecting 261 employees and non-working spouses”. Ian Cameron, Compliance Officer, states: “The increase in non-compliant... Read more of this article

Bermuda To Host New Insurance Conference

Bermuda To Host New Insurance Conference

Bermuda is set to host a new insurance market conference this spring, catering to sophisticated buyers for major hospital systems, long-term care facilities, physicians groups and health benefits and services providers from North American healthcare markets. Sponsored by the Bermuda Business Development Agency (BDA), the Bermuda Healthcare Forum, scheduled... Read more of this article

Health Insurance Dept Release Annual Report

Health Insurance Dept Release Annual Report

The Ministry of Health and Seniors announced that the Health Insurance Department recently issued its annual report for FutureCare and Health Insurance Plan [HIP] policyholders. The 2015/2016 report, which covers the period from 1 April 2015 to 31 March 2016, outlines growth in the number of policyholders, new medical benefits, how claims money was... Read more of this article