Friday, October 5, 2018

Medical insurance prices up ten percent. Expenses and guaranteed renewability of contracts provokes the increase


The prices of medical insurance policies have increased around ten percent this year. The price rise is due to the implementation of guaranteed renewability of medical insurance contracts (GR), and to the increase in medical expenses, according to Fateh Bekdache, Vice Chairman and General Manager of Arope Insurance.

This GR decision triggered a four percent increase of medical insurance premiums, according to Bekdache.

The decision also affected the underwriting of new medical ins...

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