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IC places Carehealth under conservatorship

IC places Carehealth under conservatorship
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Insurance Commission places CareHealth Plus under conservatorship

Insurance Commission places CareHealth Plus under conservatorship
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IC: HMO Carehealth incapable of meeting needs of clients, must stop operation • Jasper Y Arcalas

THE Insurance Commission (IC) issued a cease and desist order against Carehealth Plus Systems International Inc. (Carehealth), stopping the health maintenance organization (HMO) from getting new clients as it was deemed to be incapable of meeting the needs of its current clientele. In a notice to the public, the IC said it has issued a

Capitol accredits private health insurer for 16 provincial, district hospitals

SunStar (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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