KSA – Optional cover hinders health ins. of education field
Monday, 08 06 2018, Category: Insurance and Reinsurance, Country: Saudi Arabia
A Saudi newspaper mentioned on Saturday that the “optional” health insurance system of the ministry of education does not suit insurance companies even though three months passed since the previous contract ended with an insurance company.
Moreover, the “Eqtisadiah” newspaper added that large insurance companies refuse to extend coverage to the optional health insurance system for teachers and educational staff due to the high risks involved.
According to informed sources, the ministry addressed many insurance companies trying to impose the optional condition and it is still asking for solutions and appropriate acceptable prices.