translated from Spanish: Government postpones two-year rule which obliges isapres lower price plans of members

18 of October of last year came to light the circular 317 instructed to isapres down its health plans automatically when the affiliated comply with certain sections of age, situation that occurs only at the present time if the user it requires. However, as it finds the third last March 21 the Superintendence of Health issued a resolution in which it postponed, until March 2021, the entry into force of this circular. The measure could benefit, among others, the parents of newborn babies and women in fertile age, since the isapres calculated a risk factor according to sex and age of the beneficiaries. In the case of women, the cost of health plans down to age 40 and in the newly born falls after completing the 24 months of life. After that the circular was issued, insurers appealed the Superintendent’s office and its resources were rejected because the regulation is “adjusted to law and the principles of social security which must determine the actions of this body”. As mentioned the morning, however, the same document noted that “considering the economic impact will be instructed, as the isapres must effectively reduce the price paying contributors when any of the factors age of the beneficiaries of the plan, not being able to apply the increases referred to in the same tables of factors, it is estimated prudent to defer the entry into force of the contested circular”. All of this, “with the object of that regulated institutions to prepare and anticipate the effects of this instruction, by adjusting its trade policies or projections of business”.

Original source in Spanish