Moss's comments make no sense whatsoever. He doesn't seem to have the interest of poor Bahamians at heart in any way whatsoever. It's hard to believe he was ever a member of the PLP.
Its poor Bahamians who are loosing out when there is no NHI. Its poor Bahamians who pay millions of dollars every year to get nonsensical policies from companies like Family Guardian for useless little "home service polices" that only serve to line the pockets of the rich.
Moss is an anti-Robin Hood aiming to maintain the status quo.
Someone needs to start looking out for Bahamian consumers - and I'm glad the PLP is starting to come around to this. Its better to pay premiums into the NHI and reap some real benefits than to have poor people being taken advantage of with poor quality products.
Famguard shareholders will benefit from the resignation of Paticia Hermanns. Most people may not have noticed but the corporation has suffered greatly from the lost of skilled persons over the past few years.
It has amazingly lost quite a number of high profile sales people to Colina which is something that the corporation could not afford in the current climate. In addition, premium volumes for its bread and butter home service division has consistently decreased each year.
I am curios to know what the true source of profits have been as under the firms current reporting method lower new business sales should have resulted in lower profits. Shareholders should also be aware that the company's risk profile has also changed significantly over the past few years as there is now a significant amount of major medical health business on the books so profits should be a lot more volatile. (How it has remained so stable is simply a mystery?)
Good luck to Lyrone Burrows (not sure whether he is fit for the job but I don't think shareholders interests will be served by having one of Patricia's followers and close relative at the helm).
evalynC says...
Moss's comments make no sense whatsoever. He doesn't seem to have the interest of poor Bahamians at heart in any way whatsoever. It's hard to believe he was ever a member of the PLP.
Its poor Bahamians who are loosing out when there is no NHI. Its poor Bahamians who pay millions of dollars every year to get nonsensical policies from companies like Family Guardian for useless little "home service polices" that only serve to line the pockets of the rich.
Moss is an anti-Robin Hood aiming to maintain the status quo.
Someone needs to start looking out for Bahamian consumers - and I'm glad the PLP is starting to come around to this. Its better to pay premiums into the NHI and reap some real benefits than to have poor people being taken advantage of with poor quality products.
On Greg Moss: NHI charging Bahamians a second time for public health care
Posted 4 February 2016, 6:05 a.m. Suggest removal
evalynC says...
Famguard shareholders will benefit from the resignation of Paticia Hermanns. Most people may not have noticed but the corporation has suffered greatly from the lost of skilled persons over the past few years.
It has amazingly lost quite a number of high profile sales people to Colina which is something that the corporation could not afford in the current climate. In addition, premium volumes for its bread and butter home service division has consistently decreased each year.
I am curios to know what the true source of profits have been as under the firms current reporting method lower new business sales should have resulted in lower profits. Shareholders should also be aware that the company's risk profile has also changed significantly over the past few years as there is now a significant amount of major medical health business on the books so profits should be a lot more volatile. (How it has remained so stable is simply a mystery?)
Good luck to Lyrone Burrows (not sure whether he is fit for the job but I don't think shareholders interests will be served by having one of Patricia's followers and close relative at the helm).
Wishing all good financial health,
Evalyn C.
On FamGuard's 36% profit rise meets 'strong expectations'
Posted 13 May 2014, 6:52 a.m. Suggest removal