SOME Bahamians with comprehensive employer-sponsored group health insurance plans fear businesses will drop these and provide only the minimum benefits required by the Minnis administration’s proposed National Health Insurance scheme.

Explaining the problem, one industry insider told The Tribune yesterday: “Health insurance premiums are high because healthcare costs are high. The healthcare costs that are high are not related to primary healthcare services but big ticket items like cancer or operations related to cardiovascular diseases. If employers look at this and conclude they only have to pay the annual maximum of $500 for each employee whereas right now they might be paying $5,000 or $6,000, what do you think will they do?”

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