The leading story on the front page of the 25 March 1976 Caymanian Compass was on a Boston, Massachusetts medical group establishing a Cayman insurance company. The article noted that 11 hospitals and health centres affiliated with Harvard University formed their own company to free them from commercial insurers and save millions of dollars in premiums.
The founders said the organisations were driven to do this because they were being “brutally penalised by the prevailing malpractice system that charges a single high rate for good and poor risks alike”.
The story continued that these members were able to strike out on their own only because they have a long record of freedom from malpractice claims. Their example is expected to change the pattern of malpractice coverage nationally in the US as other groups of hospitals with similar records follow suit.
A photo on the front page was of Captain Rayal B. Bodden, Sr. on his 90th birthday with his 3-year-old great grandson outside the George Town Elmslie Memorial Church – which he built in 1923.
Another article followed up on last week’s story on the nomination of a minister to take the place of UK Prime Minister Harold Wilson, leader of the Labour Party. More ballots were expected to confirm the final choice.
In the ‘Assembly Report’, on page 3, an update on the Turtle Farm purchase of shares by the Cayman Islands government was included. The resolution was carried, with three members voting against it.
The editorial discussed that the Caymanian Protection Board requires employers to advertise when work permits are to be renewed, and that many employers found this to be “disturbing”. It went on with some suggestions on handing renewals, which could “present a ticklish situation” for employers and employees.
It wrapped up this section by saying the government should consider some of the problems confronting the commercial community and consult with it, adding, “The mistake of our neighbours in the Bahamas, whose immigration policies forced away investors and almost ruined their country, must not be repeated in the Cayman Islands.”
The editorial also addressed the fact that the governor chairs the Legislative Assembly, but could be relieved of those duties, to focus on being Head of State. “His Excellency presides with wisdom and in the highest manner befitting the office as is to be expected. The occasional interjections of humour are also very welcome,” it noted.
With Easter coming up, an advertisement from Cayman Tours appeared on page 15, urging people to spend the holiday in Costa Rica, offering a tour price of $125 per person, which included airfare, hotel and tours.
The Cayman Compass searchable archives, going back to 1965, are now available here.
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