The Government made official the formula that prepaid companies must follow to increase fees

The Government made official the formula that prepaid companies must follow to increase fees

2024-05-02 19:55:00

The government of Javier Milei announced this Thursday the new formula of increases allowed for prepaid medicine companieswhich must roll back your fees to December 2023 and apply increases that do not exceed inflation.

This is what he reported the Ministry of Economyled by Luis Caputo, through an official statement, where he detailed the details of this resolution, related to the advance protection measure of the Secretary of Commerce on medical-care health planswithin the framework of a recent opinion of the National Commission for the Defense of Competition (CNDC).

As the portfolio described, “the value of reference fee for the application of maximum increases It will be the one corresponding to the December 2023 quotaregardless of its payment or billing date”, emphasizing that these “they will not be able to exceed the plan quota” of said month multiplied by one plus the percentage variation between the Consumer Price Index (CPI), prepared and disseminated monthly by INDEC, “effective at the time of billing” and said variable corresponding to the last month of last year.

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According to a journalist, “if prepaid companies lower their prices, the inflation rate might be close to 7%.”

How will prepaid companies calculate invoice increases?

To calculate the maximum value of the current quotawhich might correspond to April o mayo, a maximum adjustment of 93.3% should be applied for the firstcorresponding to the accumulated price increase from November to February, or 114.6% for the secondwhich represents the inflation accumulated in the months of November to March.

“If the quota is Aprilit must be multiply the value of the December installment by 1.933 (if it was invoiced following April 17). If the fee is mayo must be multiply the value of the December installment by 2.146“added the document, which clarified that “in the case of invoices prior to April 17, The discount will be applied to the next invoice.“.

For example, If the value of the fee that a user paid in December was $110,000then for the April invoice, if the conditions for this to be met are met, Your company will not be able to charge you more than $212,630. While, if the same corresponds to the month of May, the maximum limit is $236,060.

While, having paid regarding $300,000 in Decemberthe billing ceiling for April may not exceed $579,900 and, for May, it must be equal to or less than $643.800.

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Which companies should use the announced formula?

The scope of the measure “is for all associates of the companies reached by the protection measure advance notice issued by the Ministry of Industry and Commerce based on the opinion of the National Commission for the Defense of Competition,” the text indicated.

In this way, the entities that must apply this measure, which will extend for the next five months, until Septemberinclusive, son Galen, British Hospital, German Hospital, Medifé, Omint, Osde and Swiss Medicalthe latter, property of the businessman Claudio Belocopitt.

Prepaid

Although the measure of the National Government is significant in terms of impactsince these companies They bring together 75% of the more than six million members to the private health system, following the complaint and investigation by the CNDC for alleged “cartelization” 13 more companies might join the resolution soon.

They are: Medicus, ACA, Accord, Sancor, Italian Hospital, Güemes Foundation, Prevention Health, Federated Mutual, Hierarchical Mutual, Essential Medicine and Pasteur.

For the director of FIEL, Milei’s plan is more similar to that of Martínez de Hoz than to that of Menem

The Government announced fines and a line to “report companies that refuse to limit the adjustment”

To ensure compliance with the provision, Economy announced a contact line for which users denounce “companies that refuse to limit the corresponding adjustment”if this is necessary.

“The users They can be contacted at 0800-666-1518which is a toll-free line of the Consumer Defense Directorate or [email protected]. While to make complaints, you can go to www.argentina.gob.ar/defensadelconsumidor,” the statement reported.

In addition, he warned: “If non-compliance on the part of prepaid medicine companies is proven A daily fine equivalent to 0.1% of the economic group’s turnover will be appliedin accordance with the provisions of Law 27,442 (Competition Defense Law)”.

This advertisement represents an official intervention in the market, at an unprecedented level in the management of La Libertad Avanza, headed by president Javier Milei. However, the Government’s emphasis seems not to be so focused on future regulationbeyond being effectively so in this case, although with a medium-term extension, but rather that these companies refund what they have been charging above inflation in recent monthsa matter for which he also appealed to Justice.

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