Dubai - New insurance corporation to focus on quality
Monday, 05 21 2018, Category: Insurance and Reinsurance, Country: U.A.E
Dubai: The Dubai Health Insurance Corporation aims to ensure quality health insurance for Dubai’s citizens, residents and visitors, protect the rights of policyholders, and design health insurance packages, said Director General of Dubai Health Authority (DHA) on Sunday.
The announcement comes days after Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council issued Executive Council Resolution No. (18) of 2018 approving the new organisational structure of Dubai Health Authority (DHA).
The new structure includes two new entities, the Dubai Healthcare Corporation and Dubai Health Insurance Corporation. It also includes three new strategic sectors, Strategy and Corporate Development, Health Regulation, and Joint Corporate Support Services.
Humaid Al Qutami, Director General of the DHA told reporters on Sunday that there was a need to have a separate corporation for health insurance given the scope of service and the vast number of people it affects.
“The health insurance sector has a Dh7 billion market and more than 50 health insurance companies. Plans are underway to extend the health insurance coverage to include visitors to Dubai,” he said.
Al Qutami pointed out that more than 98 per cent of the population now has access to essential health services.
“The corporation will help regulate the insurance market, create a conducive environment for growth and help maximise benefits to customers as well as protect their interest. At the same time, it will also keep the interest of the insurance companies and Third Party Administrators in mind,” he explained.
Source: Gulf News