Medical insurance in saudi arabia
Expatriate Medical Insurance news about Medical Insurance, Health Insurance, Health Care Insurance, Expatriate Health Insurance, Affordable Health Insurance, Cheap Health Insurance.
According to wellness Minister Dr Hamad Al-Manie, the figure of non-Saudis insured is 970,169 and he expects the figure to significantly increase followers an consciousness campaign that is soon to be launched. The compulsory medical insurance laws will be completed in stages, with the first phase (now in advancement) involving 33 companies with work force of 500 employees and above. The sec phase will involve companies that have a work force of non-Saudi employees ranging from 100 to 500 and the third phase will cover those with a work force of less than 100 exile. All non-Saudis will be included in the strategy, regardless of whether they are employed in the buck private or non-private sectors. All insurers have to be licensed specifically to insure in Saudi Arabian Peninsula. 13 companies are already licensed. Bupa center East is a certified co-operative wellness insurer and can provide medical insurance to companies in Saudi Arabian Peninsula. As the checkup insurance industry becomes regulated, Bupa center East is presently awaiting final blessing of its application as a licensed medical insurance company by the Saudi Royal Cabinet. Bupa center East´s application has already been approved by the CCHI, the SAMA and the Ministry of commercialism. The insurance company has late launched a new merchandise - Bupa directly - checkup insurance for grouping with 10 to 50 members to insure.
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