Triple-S Propiedad has paid $692M in Hurricane María-related claims
November 11, 2019
Triple-S Propiedad has paid a total of $692 million in claims related to Hurricane María in the past two years for a total number of claims of 17,746. It has closed approximately 96% of those claims, while 709 remain open, company CEO Roberto García-Rodríguez confirmed as part of the release of its third quarter results. […]
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Triple-S Advantage HMO keeps 4-star rating for 4th year in a row
October 11, 2019
Triple-S Management Corp. announced that its Triple-S Advantage 2020 Care Coordination Medicare Advantage HMO contract (H5774) will remain among Medicare Advantage plans with at least a 4-star rating — out of a maximum rating of 5 stars from the Centers for Medicare and Medicaid Services — for a fourth consecutive year. “Only one-in-three Medicare Advantage […]
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Triple-S reports $30.9M in net income for 2Q19, stays ‘positive’ on P.R.’s economy
August 12, 2019
Triple-S Management Corp. revealed second quarter results showing a year-over-year net income increase to $30.9 million, or $1.35 per diluted share, versus net loss of $38.7 million, or $1.68 per share, in the prior-year period. It also reported adjusted net income of $25.7 million, or $1.12 per diluted share, versus adjusted net loss of $37.3 […]
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Triple-S focusing on causes that impact health in P.R.
April 12, 2019
As it marks its 60th anniversay, Triple-S announced its support for two causes that influence social factors that have a significant impact on health in Puerto Rico. “Social determinants of health include a wide range of issues. To be more effective, we have chosen to focus on access to healthy food and emotional wellbeing,” said Triple-S […]
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New leadership appointed at MassMutual, Verdanza, de la Cruz
January 11, 2019
This edition of “Climbing the Corporate Ladder” features new executive appointments from across a spectrum of industries in Puerto Rico, including financial planning to advertising.
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Triple-S focuses on social interaction of older adults in ‘Al Son de Cachita’ program
November 1, 2018
The program will run for five weeks, with two events taking place each week.
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Triple-S donates $250K to nonprofits contributing to P.R.’s recovery
October 18, 2018
The donation was announced following a gathering of representatives from the nonprofits, who offered details of what they have been doing in their communities.
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Centers for Medicare and Medicaid Services increase Triple-S Advantage’s star rating
October 11, 2018
The CMS Star Rating System reflects the quality of care received by plan members, their satisfaction with their plan.
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Triple-S Advantage will increase fees for network specialists
September 19, 2018
Triple-S Advantage announced that effective Nov. 1, 2018, it will increase its rates for services by specialty physicians within the Triple-S Advantage provider network by applying the Medicare Fee Schedule 2018.
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Triple-S Salud selects Abarca as PBM for commercial, Medicare lines
September 5, 2018
The agreement with Abarca is effective Jan. 1, 2019.
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A.M. Best puts Triple-S Propiedad Inc.’s credit ratings ‘Under Review’
August 6, 2018
A.M. Best has placed Triple-S Propiedad Inc.’ Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” under review with negative implications, following the company’s recently announced significant decline in policyholder surplus.
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Hurricane María delivers $38.7M 2Q18 net loss to Triple-S Management Corp.
August 3, 2018
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.
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Executive appointments at Triple-S, DMO, Evertec
June 7, 2018
This edition of Climbing the Corporate Ladder highlights the appointments of four top executives in the insurance, tourism and technology industries.
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Triple-S reports $3.9M in net income in 1Q18
May 9, 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.
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Medtronic, Triple S invest $500K to open 1st in-house Salus clinic in P.R.
March 7, 2018
Medical device manufacturer Medtronic, in partnership with health insurance provider Triple-S and Salus, inaugurated the first non-occupational health clinic at the plant’s Juncos campus, to serve employees and their families.
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