Insurance Commission may drop HMOs from regulatory oversight

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THE Insurance Commission (IC) is open to removing health maintenance organizations (HMOs) from its regulatory and supervisory mandates if other organizations are more capable of handling them.

When those regulations on money laundering be removed, at least that will also remove our headaches,” he said.

But as long as they are currently under IC’s supervision, Regalado vowed the agency will do everything to regulate them properly.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Agency Health Organizations Insurance Supervision Hmos Laundering Commissioner Mandates Other Regalado

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 14:53:30 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23433813

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 74 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

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Publisher ID: #37

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