Speaking to mediapersons on the sidelines of the Middle East Healthcare Insurance Conference, H E Abdullah Salim al Salmi, executive president of the Capital Market Authority (CMA), stated, “We would most likely start mandatory health insurance by first making it compulsory for visitors to Oman. We assume that going forward everybody entering Oman should have a valid health insurance, and if they don’t, we will try to provide a mechanism to ensure that everyone entering the country has this kind of coverage.”
The two-day Middle East Healthcare Insurance Conference started on Monday beneath the auspices of H E Dr Ali bin Masoud bin Ali al Sunaidy, Minister of Commerce and Industry.
The conference is getting held beneath the theme ‘Evolution Strategies to Make Compulsory Health Insurance Sustainable and Successful’ and is getting attended by more than 100 representatives from 12 nations.
When asked about the timing of implementation of compulsory health-related coverage for guests, H E Salmi stated, “We are hoping to start next year, in stages.”
He stated that the CMA, would be the regulator for health-related insurance coverage also. Currently, the authority is preparing detailed recommendations to cover all connected concerns and also on systems which would connect insurance coverage businesses, healthcare providers, regulators and other stakeholders.
Speaking at the inauguration of the conference, H E Salmi stated the government had announced its selection on the implementation of the mandatory well being insurance coverage final year. “Since then the authorities have worked on a clear plan for the implementation of health insurance with an aim to reduce the cost of insurance coverage and to create a unified policy document for the sector.”
H E Salmi added that the mandatory well being insurance coverage will be steadily applied in 5 distinct stages.
Speaking at the occasion, Ahmed al Mukhaini, advisor at the CMA, stated that producing a unified program linking all institutions and stakeholders is a single of the most essential challenges in implementing the mandatory well being insurance coverage.
“There are other challenges related to demography. Total number of workers in the private sector, who need some form of medical coverage including Omanis and non-Omanis, is over 1.9mn. Besides, a significant number of private sector employees have dependents also.”
Information Source: Muscat Daily