Unanswered questions on GHLI privatization

By
|
Posted on Feb 28 2005
Share

Several things about the Health Plan “privatization” should be of concern to Group Health and Life Insurance members, especially those retirees under the plan.

1. Will premiums be raised? If yes, by how much? 20 percent? 50 percent?

2. If private plans are successful in getting GHLI members into their plans, will they continue to have participating providers outside of Saipan, Guam and the Philippines? If not, this will mean more out-of-pocket costs for members living in Hawaii and U.S. mainland.

Retirees should be most concerned. Private plans do not stay in business by losing money. They will find ways to get rid of high-cost members or they will just increase their rates to cover the cost (plus their profit margin). Members should be made aware of what is about to happen to them. Someone should be raising the cry of alarm.

Maria Pangelinan
e-mail

Disclaimer: Comments are moderated. They will not appear immediately or even on the same day. Comments should be related to the topic. Off-topic comments would be deleted. Profanities are not allowed. Comments that are potentially libelous, inflammatory, or slanderous would be deleted.