UAE – 3 million health insurance beneficiaries
Friday, 06 03 2016, Category: Insurance and Reinsurance, Country: U.A.E
The number of insured and beneficiaries covered by the health insurance law until now reached 3 million noting that the completion percentage of the third phase of the law reached 40 percent. An additional deadline was granted for late entries of individuals until the end of the current year.
The Director of Health Financing Department at the Dubai Health Authority (DHA) Mr. Haidar Al Yousef said that there are 48 health insurance companies approved by the authority in Dubai, of which nine companies provide basic packages for low income persons and the persons whose income is below AED 4 thousand.
The fine applied on individuals reached AED 500 on a monthly basis. However, companies have to pay AED 50 thousand fine in case it does not provide coverage to their insured.
Source: Al Roeya - UAE