lunar
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- Apr 10, 2019
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Years ago, I enrolled in a local medical insurance plan when the exchange rate was approximately 37 pesos to a dollar. This insurance plan has a progressive scale, indicating in the contract the premium amounts in pesos for when I reach the ages of 55, 60, and 65. Due to the significant inflation over recent years, the stated amounts in the contract, based on past peso values, seem outdated. For instance, if the contract mentioned a premium of 7500 pesos based on 2018's value, what would that translate to in today's money?
Is this amount adjusted for inflation using some INDEC coefficient? Does the premium increase annually up to the permitted amount, and then undergo a proportional adjustment when one approaches a specified age threshold?
@nikad, maybe you know the answer?
Is this amount adjusted for inflation using some INDEC coefficient? Does the premium increase annually up to the permitted amount, and then undergo a proportional adjustment when one approaches a specified age threshold?
@nikad, maybe you know the answer?