Health Insurance Innovations call for the period ending September 30, 2019


London:If you are considering switching health insurer, all the big health insurance companies have now published their premiums for next year. And there is bad news in particular for people with a collective policy – because their discount is being halved. Health insurance premiums are going up marginally in price for the basic package next year, according to an overview by

HIIQ’s chairman of the board,Gavin Southwell said,The HIIQ board is fully engaged in its strategic review process, and that process is advancing toward a conclusion at a reasonable and thoughtful pace. While the company’s board of directors has not set a timetable for this process nor has it made any decisions related to strategic alternatives at this time, and there can be no assurance that the board’s exploration of strategic alternatives will result in any change of strategy or transaction being entered into or consummated or if a transaction is undertaken as to its terms, structure or timing, the board is confident that it will conclude its strategic review and be in a position to announce the outcome of its process within the next 60 days. Management will not be discussing the process in their prepared remarks, nor answering any questions in the Q&A portion of this call with regard to the process. The company does not expect to make further public comment regarding these matters unless and until the board has approved a specific transaction or alternative or otherwise concludes its review of strategic alternatives.

Gavin Southwell ,Chief Executive Officer said,We are very excited about the opportunities ahead. Erik is an outstanding executive with significant business experience and a proven track record of successfully leading financial operations in the insurance marketplace. We believe that Erik will be a catalyst for the continued development of our company well into the future, and we are confident with his strategic leadership, financial acumen and broad expertise will help us continue to scale our businesses and drive financial results. Turning now to our third quarter.

On another note, collective insurance policies which you can sign up to via your work or perhaps a club, are becoming less favourable, because the government is cutting the maximum discount from 10% to 5% next year. Two out of three people have a collective health plan, usually through their employer and research has shown very few are aware of the changes. Ask your HR department if you are not sure if you are insured through work.


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