Gulf Health Council: Insurance in KSA is weak
Tuesday, 03 01 2016, Category: Insurance and Reinsurance, Country: Gulf Cooperation Council
Dr. Tawfik Khoja Director General of the Executive Board of Health Ministers' Council for the Gulf Cooperation Council States told “Aleqtisadiah” newspaper that the health insurance sector in Saudi Arabia is weak and needs to be developed to a great extent presenting a range of recommendations on this vital and important sector.
Dr. Khoja recommended the Saudi Ministry of Health to strengthen the regulation and supervision of insurance companies in order for them to honor all their promises promptly and improve performance in addition to imposing an internal regulation at insurance companies. This can be done by offering a full range of health insurance products that meet the needs of all the categories of society through new and innovative programs, which include evaluation and follow-up mechanisms.
He said that “some health insurance cards do not include all age brackets from birth, youth, adults and aged. This is not clarified by insurance companies”. He emphasized the need to cover the prevalent sicknesses in society so that the health insurance meets all medical and demographical true needs.