UAE – Employee has no options in health insurance
Monday, 06 13 2016, Category: Insurance and Reinsurance, Country: U.A.E
99 percent of companies operating in the local market do not consider the preferences and needs of their employees regarding health insurance coverage. Only 1 percent of companies examine the preferences of employees when designing the insurance policy in order to address their needs by adding or cancelling benefits according to experience.
Company directors and insurance brokers confirmed that the large majority of companies disregard the demands of employees, indicating that the companies that choose to examine the demands of employees will help build a strong insurance culture.
Mr. Musa Al Shawahin Executive Director of Insurance Consultants said that the insurance culture is not well established in the local market, indicating that the number of companies that examine the preferences of their employees does not exceed one percent of the companies operating in the local market.
Source: Al Roeya - UAE