Caritas to appeal IC stop order

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CARITASHEALTHSHIELD.BUSINESS.SITE

CARITAS Health Shield said it would appeal an Insurance Commission (IC) order that stopped it from selling new products and adding clients for alleged fraud.

The health maintenance organization (HMO) in a statement on Friday said it does not condone spurious practices among its staff.

The insurance agency on July 8 issued a cease order on Caritas after reports of “fraudulent swiping of credit/debit cards” and misrepresentation of the company’s sales agents. — Reicelene Joy N. Ignacio

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