Tag: Mervin Connolly
PAC queries health insurance sector profits
(CNS): The private health insurance sector in the Cayman Islands made profits of well over CI$50 million in 2016 while many people here struggle to access insurance, can barely afford it or are inadequately covered, which was a key item on the Public Accounts Committee agenda Wednesday, when the health insurance commissioner appeared as a […]
HIC: Insurers need to make profit
(CNS): Mervin Connolly, who heads up both the Department of Health Regulatory Services and the Health Insurance Commission (HIC) has told the Public Accounts Committee that health insurance companies need to make a profit. After several days of PAC meetings examining the auditor general’s latest damning report, where members heard the details of the many […]
