Do you think that I could be eligible for an insurance (Capital Health Plan) covered panniculectomy?

I am sorry to hear about the problems the abdominal wall pannus causes.  

Best to check directly with your insurance company to see whether  panniculectomy surgery is a “covered” benefit with your specific policy. Then, given that every insurance company has different “criteria”, best to identify exactly what your specific insurance company considers criteria for approval. Generally, the more documentation you have (for example, from your primary care doctor, plastic surgeon etc.) the better when it comes to obtaining insurance “authorization” for the procedure.
This documentation and letter/pictures from your plastic surgeon will (hopefully) help you obtain authorization. Best wishes.

It would depend on your Insurance Plan.  You will need a letter of medical necessity from your surgeon which will be submitted to your insurance company.  

Each insurance plan coverage is different. The best way to approach this is to first call your insurance company and make sure you policy doesn't have an exclusion for panniculectomy. If they don't, then you you should see and in-network plastic surgeon that your company recomends. Once the surgeon evaluates you they will write a letter of medical necessity for the procedure if warranted. The more documentation from other physians like dermatologists, back doctors or chiropractors regarding your problems, the easier it will be for your surgeon to make a case to the insurance company for coverage. Hope this helps.