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IC places Carehealth under conservatorship
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Insurance Commission places CareHealth Plus under conservatorship
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(File photo) May 24, 2021 THE Cebu Provincial Government signed a memorandum of agreement (MOA) with CareHealth Plus Systems International Inc. on May 19, 2021 to signify the accreditation of the health maintenance organization (HMO) as a health insurer in the 16 provincial and district hospitals in Cebu Province.
This means that members of CareHealth and their dependents can avail themselves of emergency consultation and treatment, out-patient services, and medical and surgical in-patient services in Capitol-owned hospitals, granting they secure a letter of authority from the insurer.
The accreditation involves an investment of a cash bond of P200,000 from CareHealth, which will be returned to the company upon the termination of the contract.
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