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Tuesday, July 25, 2006

No health insurance can spell ruin

Any lapse in health insurance coverage could turn into a lifelong fight. In a latest report with Cayman Net News, Miguel Gomez, supposed that he had health insurance with his employer, when he had a heart attack and George Town Hospital was trying to place an air ambulance service for him.

And that was when Mr. Gomez revealed that he did not have health insurance when the insurance company affirmed that it never had a record of him ever being covered. Two years after his heart attacks, Mr. Gomez is healthy and will like to go back to work. The difficulty is that no private insurance company would insure him, because of his two heart attacks. And in order to lawfully work any potential employer should provide health insurance.

The Senior Vice President Health Insurance at Cayman General Insurance (CGI), Trevor Stewart, explained how the private insurance industry works in these types of situations.

"If an employee had not been insured and then has a significant health problem such as two heart attacks then that employee is considered uninsurable," said Dr Stewart. "It is not reasonable for insurance companies to take on such a high risk after having two heart attacks. In that situation the only alternative is the CINICO health plan."

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