Oman – Preparations for compulsory health insurance
Thursday, 12 14 2017, Category: Insurance and Reinsurance, Country: Oman
The mandatory health insurance for private sector employees will come into effect from January, said the Oman Chamber of Commerce and Industry (OCCI). OCCI had a meeting on Tuesday with all stakeholders, which include the insurance companies and private health institutions, to discuss the preparedness for the effective implementation of the scheme.
Speaking to the Observer, Redha Juma Mohammed Ali al Saleh, Vice-Chairman, OCCI, Administrative and Financial Affairs, said that a committee led by the OCCI with representatives from insurance companies, health institutions, pharmacies and private companies will be formed to oversee the implementation of the policy.
Al Saleh said the stakeholders are working on the modalities, including the insurance premiums.
No decision has been reached on that front.
A statement quoting Said Saleh Said al Kiyumi, OCCI chairman, said that private institutions should collaborate with large international hospitals to invest and develop the health sector.
He said OCCI is not in favour of making decisions without consulting and understanding the challenges faced by the sector while implementing an important policy like the health insurance.
The need for a coordinating agency is important as the insurance sector in Oman is regulated by the Capital Market Authority (CMA), health institutions by the Ministry of Health (MoH) and the private sector by the OCCI.
Source: Oman Daily Observer