Bent in the Bahamas? Sorry, your DAN insurance is worthless
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by LAMAR BENNINGTON - CDNN Industry News Editor
NASSAU, Bahamas (25 Jan 2006) -- The Bahamas Hyperbaric Centre, Ltd has announced that it will no longer accept Divers Alert Network (DAN) insurance for payment of fees related to medical treatment for diver related injuries.
The decision stems from DAN's attempt to fix prices charged by hyperbaric chamber facilities and its failure to settle claims for diving injuries treated at the Bahamas Hyperbaric Centre Ltd.
According to the Nassau-based facility, DAN is the only diver insurance company involved in the price-fixing scheme. All other diver insurance carriers including PADI, Dive Assure, Diver's Security Agency (DSI), DiveSafe and major medical health plans in the US and Europe have settled claims for hyperbaric medical treatment at the Bahamas Hyperbaric Centre Ltd.
Divers insured by DAN who are planning to dive in the Bahamas and other destinations (go to Insured by DAN? Sorry, you're not covered) where DAN insurance is no longer accepted are urged to immediately cancel their DAN policies and reinsure with another diver insurance company.Go to full CDNN News Report >>>