Saudi Arabia - Only 3 million Saudis have health insurance
Monday, 12 21 2015, Category: Insurance and Reinsurance, Country: Saudi Arabia
Only 3.11 million Saudis have medical insurance or 30 percent of eligible citizens in the country, while 7.85 million or 79 percent of expatriates have coverage, according to the Council of Cooperative Health Insurance (CCHI). With a new company entering the market within the next 90 days, in addition to the current 26 companies operating, 52 percent of the market in the country would be cover, a source at the CCHI was quoted as saying by a local newspaper on Friday. He said that no company has been suspended from operating over the past six months, after six firms had their bans lifted for violating various rules and regulations in the first six months of 2015.
Source: Arab News