Tag: CINICO

Miller: Profit must go from health insurance

Miller: Profit must go from health insurance

| 15/07/2019 | 47 Comments

(CNS): North Side MLA Ezzard Miller, who has been calling for a single-payer system to address the increasingly problematic provision of health insurance in the Cayman Islands, believes that the profit motive must be removed from the insurance side. Last month government opened a tender process to find consultants to examine the publicly-owned health insurance […]

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Bid proposes CINICO as sole national provider

Bid proposes CINICO as sole national provider

| 10/07/2019 | 82 Comments

(CNS): Government has opened a request for consultants to review its health insurance company, CINICO, and present an outline business case for the future of the public company which could see it become the sole national health insurance provider in a single-pay system. One of several options, including doing nothing, scrapping the company altogether, privatising […]

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Premier issues stark warning on healthcare

Premier issues stark warning on healthcare

| 09/04/2019 | 51 Comments

(CNS): Premier Alden McLaughlin has warned that employers and workers will have to pay more into private pension schemes because many retirees are not able to cover health insurance costs when they quit work, which means government is picking up their costly medical bills. As members of Finance Committee voted Monday for an additional $11.5 […]

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CINICO faces review as CIG pours in cash

CINICO faces review as CIG pours in cash

| 15/11/2018 | 30 Comments

(CNS): The finance minister has said the Cayman Islands National Insurance Company (CINICO) is undergoing a review to see if it is fit for purpose. Roy McTaggart told his colleagues in the Legislative Assembly on Wednesday that the government-owned insurance company was under strategic analysis to arrive at some recommendations for government about its future.

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CINICO boss sacked by board

CINICO boss sacked by board

| 08/10/2018 | 74 Comments

(CNS): In an unexpected announcement, the Cayman Islands National Insurance Company board of directors said that CEO Lonny Tibbetts has been fired. The news was delivered in a short statement from the board, which is chaired by Patricia Estwick, via GIS on Monday. The long-time public servant has been at the helm of the government-owned health insurance company, […]

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$6M more voted for healthcare costs

$6M more voted for healthcare costs

| 19/09/2018 | 73 Comments

(CNS): The opposition member for Bodden Town West, Chris Saunders, urged the health minister to consider a national health insurance plan for the Cayman Islands, after Finance Committee voted last week to give the ministry another $6.5 million to cover indigent healthcare costs for the remainder of this year. Saunders said that the current situation […]

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Health minister gets $8M to cover budget gap

Health minister gets $8M to cover budget gap

| 03/07/2018 | 25 Comments

(CNS): Finance Committee has approved millions of additional dollars for the health minister after he revealed that the budget for overseas tertiary healthcare for Cayman Islands people who are indigent as well as elderly seamen and veterans had already overrun its budget allocation at the financial year half-way mark. Committee members voted for the extra $8 million […]

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No date decided on co-pay benefits in CS

No date decided on co-pay benefits in CS

| 22/02/2018 | 36 Comments

(CNS): The civil service management has not set a date to introduce co-pay health or pension benefits for government employees, the financial secretary has confirmed. Government has been in talks with its staff for several years now about the possibility of them co-paying in the first instance for their health insurance cover. But the Cayman […]

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CINICO boss backs failing insurance system

CINICO boss backs failing insurance system

| 14/11/2017 | 30 Comments

(CNS): Despite myriad problems associated with the current health insurance environment in Cayman and government’s plans to review the system, the CINICO chief told Finance Committee Friday that he believed it was “ideal”. Lonny Tibbetts said he did not support a single pay system and that the existing mix of private sector firms and the […]

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CINICO reform to open up access

CINICO reform to open up access

| 01/11/2017 | 13 Comments

(CNS): The Cayman Islands National Insurance Company, the government’s health insurance provider, is to undergo a reform that will allow the public-owned authority to offer cover to a broader cross-section of the population, the premier has said, During the election campaign earlier this year, Premier Alden McLaughlin promised that a Progressive government would be focusing on […]

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Patient looking for CINICO to cover cannabis oil

Patient looking for CINICO to cover cannabis oil

| 17/07/2017 | 0 Comments

I have a condition that I think may be helped by cannabis oil. However, my health insurance is covered by CINICO and I don’t think any Health Services Authority doctors prescribe it. If a private doctor gives me a prescription, will CINICO pay for it?

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