Tag: Cayman First Insurance
Insurance company battles to regain trust of providers
(CNS): Around 10% of healthcare providers are refusing to accept Cayman First Insurance cover at the point of need. Health facilities have been asking patients to pay upfront and claim back the money themselves because of significant delays in payments by the beleaguered local company, which has said it is working to persuade all providers […]
HIC identifies problems at local insurance company
(CNS): The Health Insurance Commission (HIC), in consultation with the Cayman Islands Monetary Authority (CIMA), conducted an investigation last year of the local insurance company Cayman First Insurance following complaints about its failure to pay legitimate claims to healthcare providers. During the investigation, the regulator found a number of problems at Cayman First, including a […]
