UAE – Health insurance fraud issues
Friday, 06 19 2015, Category: Insurance and Reinsurance, Country: U.A.E
The health insurance sector is the most affected by fraud cases because of the nature of this sector and its dependence on many parties starting from customers up to Third Party Administrators, hundreds of medical centers, hospitals and pharmacies.
Mr. Hazem Al Madi Partner and Managing Direct at Cogent reinsurance broker and the previous head of the life & health committee in the Emirates Insurance Association said that the insurance frauds are abused in all sectors but investigation is however is more possible in the different other sectors that it is in the health sector.
He clarified that the nature of health insurance and its relation to other parties makes it very difficult to control.
Source: Al Roeya - UAE