Preventive measure for the main prepaid medicine companies to recalculate the increases in their health plans

Summary:

The Ministry of Economy, Industry and Commerce, in collaboration with the National Commission for Defense of Competition (CNDC), has issued a preventive measure to prevent unfair competition in the pre-paid medical insurance market. The measure aims to avoid damages to the competition regime and to eliminate any indication of a cartel formed by the main insurance companies. The measure orders the companies to recalibrate their health plan prices based on the monthly variation of the Consumer Price Index (CPI) and to cease any information exchange that may affect prices, services, costs, and other commercial information. The companies must also provide daily updates to the CNDC on prices, income, and customer numbers. The investigation was initiated after a complaint was filed against the insurance companies for allegedly coordinating price increases.