Tuesday, 22 Oct 2019 | 23 Safar 1441
Health insurance premiums in Oman reach RO152mn

Health insurance premiums in Oman reach RO152mn

It mentioned that wellness insurance premiums comprised 33 per cent, followed by automobile insurance premiums at 31 per cent, although the rest of the insurance goods constituted 36 per cent.

CMA mentioned that demand for wellness insurance has gone up due to improved neighborhood awareness, much better and boost human sources management and the all round improvement of private sector institutions. ‘The number of employees in the private sector covered by insurance has touched 470,000.’

The insurance sector is seeing expansion and anticipated to reach 3 occasions the present worth. ‘The sector is expected to get new investments and more private institutions will enter the insurance market. This will lead to the creation of job opportunities and more patients will undergo treatment in the sultanate.’

CMA has mentioned that the Unified Health Insurance Policy (UHIP) or Dhamani is a compulsory policy for the workers of the private sector, expats and guests. ‘The policy includes hospital visits, doctors’ charge and diagnosis, medicines, ambulance expenditures as effectively as outpatient care.’

The scheme is anticipated to offer insurance cover for two.1mn workers in the private sector, Omanis and residents in addition to guests.

Information Source: Muscat Daily

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