UAE – AED 17 billion health claims last year
Wednesday, 03 22 2017, Category: Insurance and Reinsurance, Country: U.A.E
The statements issued by insurance companies operating in the country of which “Emarat Alyoum” received a copy said that “total claims paid for the health treatment of the insured in the country reached AED 17 billion during year 2016 whereas premiums reached around AED 19 billion with a margin of AED 2 billion”.
Moreover, two experts of the insurance sector told “Emarat Al Youm” said that the “difference between health insurance premiums and paid claims is limited and does not help cover all administrative expenses, so some companies incur losses” indicating that the number of health insurance contracts increased significantly last year to 1 million policies after implementation of compulsory health insurance in Dubai.
Source: Emarat Al Youm