Personal Medical Insurance Bahamas

Part
01
of one
Part
01

Personal Medical Insurance Bahamas

For a citizen of the Bahamas, health insurance for primary care is provided for free through the popular and easily accessible National Health Insurance program and can be supplemented through a variety of private options. Customer reviews on private insurance in the Bahamas are very limited, and guides for expats do little to differentiate private insurance companies.

NATIONAL HEALTH INSURANCE

  • For citizens, the National Health Insurance (NHI) provides free primary care.
  • The national insurance program has high customer satisfaction and support for continued expansion, as expressed by the results of multiple surveys. In a patient satisfaction survey in 2018, 57.64% were "very satisfied" with their NIH healthcare experience, and 38.07% were "satisfied." When asked about the quality of the service, 57.96% rated the quality as "very good," and 38.48% said the quality of the service was "good."
  • Eighty-seven percent of the citizens of Bahamas support the expansion of the National Health Insurance. The expansion is going to include high-cost medical procedures.
  • Screenings and procedures for cancer, diabetes, heart disease, and sexually transmitted diseases are covered by the NIH primary care benefits. Sandra Rolle, a cancer survivor, hails the critical role of the National Health Insurance program in detecting her breast cancer early. She said, "It could help save many more lives. NHI Bahamas means a brighter future for my daughter and granddaughter because they will be able to have their screenings done free of charge."
  • A progressive tax will fund the expansion of the NHI.

PRIVATE HEALTHCARE OPTIONS

RESEARCH STRATEGY

For a local person, we found that the National Health Insurance, while public, is an excellent option of health insurance in the Bahamas. As this program expands, it is expected that more locals will take advantage of this national health insurance. We also found that private health care is too expensive for the vast majority of the local people, and available information on private insurance is targeted at expats. Thus, we focused our findings on National Health Insurance.
Sources
Sources

Quotes
  • "The patient satisfaction survey, which polled 5,122 beneficiaries between July and November 2018, found that 57.64 percent were very satisfied with their healthcare experience, while 38.07 percent were satisfied."
Quotes
  • "In total, 91% of respondents completely agreed (83%) or somewhat agreed (8%) with the statement: “Current private health insurance plans are too expensive for average Bahamians.”"
  • "Over half (55%) of respondents decided not to access healthcare services in the past when they were ill due to cost."
Quotes
  • "The reality is that while some of our population has some form of health insurance coverage, approximately 70% of Bahamians do not."
  • "NHIA would also propose to adopt a system with a common open-enrollment period for all Bahamians and legal residents to enrol in both private insurance and NHI. The rationale for this is to simplify the risk equalization process by creating a common 12 month period in which all enrollees could be equalized against."
Quotes
  • "Atlantic Medical Insurance, a member of the Colonial Group International and the largest specialist provider of group health insurance and employee benefits in The Bahamas, has been placing heavy emphasis on wellness for over the past three years, with a dedicated wellness program offered free to persons insured by Atlantic Medical."
  • "Atlantic also emphasizes that a dedication to wellness strategies can help to reduce the financial toll ill health can take on individuals, families and their resources. Gibson encourages other companies and organizations to join in the push for wellness."
Quotes
  • "Your local health insurance provider ... Bahamas - Atlantic Medical"
Quotes
  • "Cigna, Bupa Aetna are three of the most respected providers of international health insurance. Visit their websites to review and compare their global medical insurance plans. All three offer comprehensive worldwide health insurance tailored to the needs of expatriates and global nomads. "
Quotes
  • "BahamaHealth, a division of Family Guardian, should be your first choice for individual medical coverage and employer-sponsored group medical coverage."
Quotes
  • "FirstCare Medical Plan Ltd. is a Bahamian-owned company that provides more than 5,000 members with access to affordable primary healthcare everyday."
  • ""
Quotes
  • "Complete the membership form below. No medical exams. You cannot be turned down."
Quotes
  • "I would recommend others use the FirstCare Plan because it offers a wider range of private healthcare options, private doctors, discounted prescriptions, dental and vision."
Quotes
  • "Pacific Prime is a solid choice for expats living and working in Nassau who want international medical coverage."
  • "BahamaHealth is a homegrown option that specializes in plans that focus on supplemental care in The Bahamas."
  • "CignaGlobal is a major international company that specializes in expat health insurance worldwide. Their services cover The Bahamas."
  • "First Care Medical Plan is a more affordable option that is a good choice if you’re looking for a low monthly fee and don’t mind paying for some of your care."
Quotes
  • "While legal residents of the Bahamas can take advantage of NHI government funded care, foreigners must pay for all costs out of pocket."
  • "The cost of insurance plans in the Bahamas comes in a wide range that depends on your need and level of desired cover. Basic inpatient only plans can cost as little as USD 54 per month, while the most comprehensive Bahamas health insurance plan with high limits and benefits can be as high as USD 1,092 monthly. "
Quotes
  • "Not trusted, the company representative is nice and helpful till he sells you a policy, and then when you have a problem or an issur, no one is there, no one answers the phone calls or Emails or anything. just hit and run style company. really poor and cheaters. never deal with this company."
  • "Great service from Liron Ben Arie in getting my son the right travel insurance for his forthcoming trip. He answered all my questions clearly and patiently, thank you."
Quotes
  • "Mr Ritchie added that Family Guardian had also made adjustments to the reinsurance programmes for its Bahama Health product line in a bid to drive increased efficiencies and reduce costs. You’ll see on the reinsurance side that we did some strategic changes with the reinsurance programmes, and partnered with Quality Health Management on the Bahama Health side to enhance service delivery and cost containment measures. That will bear fruit from January 1, 2019,” he told Tribune Business."
Quotes
  • "National Health Insurance Bahamas (NHI Bahamas), in its initial phase of coverage, will cover Primary Health Care services. Persons will not have to pay at point of service for Primary Care, including no copay, deductible or new tax when enroled with a Primary Health Care Provider, either in the public or private sector."
  • ""
Quotes
  • "NHI Bahamas is a new national health insurance programme for The Bahamas introduced by Government. NHI Bahamas aims to ensure that all legal Bahamian residents – no matter your income, age, island of residence or current health status – can receive affordable and accessible health care. "
  • "Under the current NHI Bahamas programme, all Primary Care services outlined in the benefit’s package are provided to you at no out of pocket cost at the time you access the services. "
  • "If you have an NIB Smart Card, you are eligible to enroll in NHI Bahamas. To enroll, you must choose your Primary Care doctor (from the public or private sector). "
  • ""
Quotes
  • "The NHI Authority, in a late afternoon briefing for the medical industry and private sector, unveiled a revised tax/contribution schedule that - at the top level - requires high-end management executives earning more than $66,667 to pay 100 percent of the annual $1,000 Standard Health Benefit (SHB) premium. The more progressive contribution structure, which will see higher-earning Bahamians contribute more than their lower income counterparts to the scheme’s financing, was among several proposed adjustments"
  • "Mr Maura told Tribune Business that “there remains some concern” over the ability of minimum wage workers to afford NHI contributions, but added that there was a general acknowledgement at the meeting that Bahamians without private health insurance needed greater access to affordable healthcare."
  • "The revised NHI contribution structure is thus effectively a rebalancing of the payroll tax burden, shifting it away from lower and middle income employees towards their higher-earning counterparts and the employer - especially larger companies and those where the workforce falls into the lower/middle income category."
Quotes
  • "“NHI Bahamas is about extending to Bahamians who struggle to afford health care costs a measure of comfort in knowing that they can access vital medical procedures, testing and treatments under this plan,” says Dr. Delon Brennen, NHI Bahamas Project Manager."