Friday 24 September 2021

Panama insurers require vaccination to renew health policies

Paying the bills


Legislators to begin discussion on reducing the 2022 Marchamo this Monday

QCOSTARICA - The political fractions, except that of the...

No National Census in 2022!

QCOSTARICA - The Instituto Nacional de Estadística y Censos...

Seven drivers a day go to the Prosecutor’s Office for driving drunk

QCOSTARICA - Every day, seven drunk drivers are referred...

Costa Rica has the lowest inflation in the region

QCOSTARICA - Costa Rica registered the lowest inflation in...

11 benefits of e-learning

Whether you struggle to learn in a traditional educational...

Will Paul Chaplet ever fly the flag for Costa Rica on the PGA Tour?

Life comes at you fast when you’re a teen...

What Are the Best Costa Rican Players in the MX League?

The Primera División de México, better known as Liga...
Paying the bills


Q24N – Faced with the increase in costs and compensation granted in health and life policies during the pandemic crisis, Panama insurers are already beginning to require their clients to certify the first dose of the vaccine to renew these insurances.

Until July 29, 2021, insurers have disbursed a total of US$107,350,138. Of that total, US$37,602, 222 dollars were disbursed in health claims that include the use of the emergency room, intensive care, and medical fees. The other US$69,325,242 dollars in life claim due to the death of the insured as a result of the virus, according to figures from the Panamanian Association of Insurers (Apadea).

In addition, US$400 thousand have been compensated for clients who had special coverage such as unemployment and travel insurance.

- Advertisement -

One of the insurers that has already communicated that it will require the proof or vaccination card is Aseguradora Ancón.

The company announced through a statement that as of August 16 of this year, any new request that they receive from the health or individual or collective life branch of people, must present reliable proof of at least the first dose of vaccine approved and accepted by the FDA/ WHO/EMA.

It indicated that each request will be evaluated according to the underwriting policy according to the health or life branch.

“For Aseguradora Ancón, the well-being and safety of our policyholders is our greatest responsibility and priority. Therefore, we urge them to closely follow biosafety protocols and not to lower their guard,” said the insurance company. ‘

Amilcar Córdoba, former president of Apadea, said that the Ancón Insurer’s decision is their own and not the union’s, however, probably the rest of the national and international insurers will also make the same decision.

“In fact, reinsurers at the international level have been requesting the different insurance companies to make changes in the underwriting of both life and health upon renewal of their contracts,” he said.

- Advertisement -

- Advertisement -
Paying the bills
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Costa Rica, Panama and Dominican Republic seek a solution for Haiti

QCOSTARICA - Costa Rica President Carlos Alvarado, Luis Abinader Corona of...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.