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Challenge Ahead for Health Insurance

Thu, 09/07/2017 - 12:49

This may not be enough as companies are also taking a hit on previously profitable areas. According to AMIS, the accident rate in 2016 was above profitability for companies. Also, there are fewer workers in the public sector and those employees remaining are losing benefits such as medical insurance. Still, the public sector represents a hefty opportunity as the government remains a big purchaser. Between October 2014 and March 2015, the federal government paid leading insurer Seguros GNP MX$1.6 billion (US$88 million) to cover major medical expenses for 320,000 public servants.