The donation was announced following a gathering of representatives from the nonprofits, who offered details of what they have been doing in their communities.
MCS’ new Conexión de Salud is part of the larger “Vivela MCS” platform and focuses on helping the company’s network providers.
A.M. Best announced it has placed under review with negative implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of “a-” of Cooperativa de Seguros Multiples de Puerto Rico.
The agreement with Abarca is effective Jan. 1, 2019.
Triple-S Management Corporation announced its second quarter 2018 results, that included a net loss of $38.7 million, or $1.68 loss per diluted share, versus net income of $12.7 million, or $0.52 per diluted share in the prior-year period.
A.M. Best has kept its negative outlook about Cooperativa de Seguros de Vida de Puerto Rico’s staying power and efficiency, by upholding its Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating of “b-” remain unchanged.
Two bond insurance subsidiaries of Assured Guaranty Ltd. have filed an adversary complaint challenging the constitutionality of appointments to the Financial Oversight and Management Board for Puerto Rico.
Puerto Rico’s property and contingency insurers have paid more than $2.5 billion in claims and advances to the local policyholders for damages following hurricanes Irma and María as of April 30, 2018.
Triple-S Management Corporation announced its first quarter 2018 results, which net income of $3.9 million, or $0.17 per diluted share, versus a net loss of $4.3 million, or $0.18 per diluted share, in the prior-year period.
The first week of April will be critical to the future of Puerto Rico’s healthcare system as the Centers for Medicare and Medicaid Services (CMS) will rule over numerous requests for improved treatment in the funding for Medicare Advantage programs on the island, the Medicare Advantage Products Association of Puerto Rico said.
Draco-Risk has set up shop in Puerto Rico and the U.S. Virgin Islands to assist customers in the process of receiving just and correct payments from the insurance companies in their claims, after hurricanes Irma and María.
Triple-S went public on the New York Stock Exchange 10 years ago, and since then, its assets have grown $1.7 billion in December of 2017 to $3.1 billion in September of 2017, for an increase of 82 percent, two of its high-ranking executives confirmed.
Triple-S Salud is betting on the growth of entrepreneurship in Puerto Rico and has developed a strategy to serve the health needs of this group that includes digital tools to buy an individual plan online, as well as new benefits that sets them apart from the competition, the company announced.
The HIMA-San Pablo hospital system has re-entered the MMM Healthcare provider network, to offer healthcare services at its facilities in Caguas, Humacao, Fajardo and Cupey, executives representing both companies announced.
NIMB ON SOCIAL MEDIA