The Puerto Rico Health Insurance Services Administration, or ASES in Spanish, stands to recover about $9.7 million in duplicate payments made to insurance companies for services provided to patients covered by the government’s health plan, agency Executive Director Ricardo Rivera said Monday.
BBVA recently participated in the structuring and approval of a $250 million revolving credit facility for the Puerto Rico Health Services Administration, which runs the government’s “Mi Salud” health plan covering more than 1.5 million beneficiaries.