GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Healthcare and Medicine

 
  Share

Healthcare per capita spending in UAE amongst top 20 world-wide

12 January 2017, Dubai: Having healthcare insurance become mandatory across the region, and medical pricing and inflation continuing to rise, healthcare providers, insurance companies, and solutions providers must ensure their business models can sustain the significant impact it will have on the healthcare insurance landscape.

With 98% of Dubai residents and over 4 million people in the UAE having health insurance, the UAE spends $1,200 per person on healthcare – putting it in the top 20 countries for healthcare spending per capita*. The healthcare spend per person is commendably high in comparison to much of the rest of the world. With this, UAE needs to take a closer look at the healthcare insurance sector, to improve efficiencies and reduce waste as well as focus on how implementing mandatory insurance in Dubai and Abu Dhabi has put specific practices in place for sector wide improvement.

Speaking ahead of the 12th Healthcare Insurance Forum in Dubai, Husein Reka, Senior Advisor to Minister of Health - Kosovo, mentioned three interventions that could be put in place to manage the rise in medical inflation. He stated that funding models could be revised 'to reduce the risk of pools and transaction costs.' He went on to say ‘robust and proportionate regulation of payers and providers is a must' as well as the need 'to make better use of Health Technology Assessment and Cost-Effectiveness tools to achieve good value for money, rather than immediate uptake and diffusion of new and not proven technology and pharmaceuticals.'

Dr. Mohamad Chabuk, Operations Manager at Dublin Health Services weighed in on the topic and added that 'the increase in cost comes naturally with the increase in demand resulting from the change in life style to a higher level and class,' he went on to say 'regulatory authorities need to specify a pricing policy with capping to avoid over pricing, however, this should be parallel to drawing a clear guideline on the competitiveness and different level of pricing according to certain criteria that depends mainly on the level and quality of service provided.'

He added that 'following those guidelines, providers as well as payers need to work together to ensure those terms are achieved accordingly with proper monitoring systems to avoid abuse and errors. The patient has a major role in supporting those entities in achieving their aims strengthened by proper knowledge and education about the rights and role in the cycle.'

The Healthcare Insurance Forum scheduled for January 2017 will gather leaders from the sector to focus on key themes affecting the industry. AHIMA, Daman, Oman Insurance Company, American Association of Professional Coders, Dublin Health Services among others will discuss and highlight strategies on creating an effective healthcare insurance ecosystem, curbing medical inflation for sustainability, disrupting healthcare insurance for improved efficiencies and creating a world class healthcare insurance sector. New topics such as telehealth, virtual reality and how digital transformation will affect the Industry will also be covered.

The 12th Annual Healthcare Insurance Forum is scheduled to take place from 31st January – 1st February 2017. With over 30 speakers, 2 keynotes from leading industry specialists and 2 workshops as well as a wellness seminar taking place alongside the conference, the forum will gather healthcare insurance stakeholders including regional regulators, authorities, ministries, insurers, operators, technology providers and corporates.

The event is supported by Truven Health Analytics, an IBM company as Gold sponsor, Medstar Insurance as HR Stream sponsor, AlMadallah Healthcare Management as Bronze sponsor and Cegedim Insurance Solutions & Hearst Health International as Exhibitors.


Posted by : GoDubai Editorial Team
Viewed 7668 times
Posted on : Thursday, January 12, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : LINET Group to participate in the 5th International Child & Adult Behavioral Health Conference
Next Story : Dubai Health Authority's smart clinic raises awareness on how to fight obesity.
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Grand Optics Launches “Kids Right to Clear Sight” Initiative
Summer Skin Essentials @ Paris Gallery
Credit FAQ Discusses Potential Implications Of Qatar Boycott For Gulf Cooperatio...
Glamazle.com promises customers the perfect wings with its assortment of eyeline...
GUESS Unveils the Kids Fall 2017 Collection and Campaign
Excalibur Spider Pirelli range now available for fine watch enthusiasts at Dubai...
Protect your hair this summer with SachaJuan's Over Night Hair Repair
Montblanc joins forces with Only Watch 2017, donating an outstanding vintage tim...
SOUQ.com hosts two-day Samsung carnival with incredible offers on Mobiles, Weara...
Introducing the Rado DiaMaster Power Reserve
HP's Next Generation OfficeJet Pro Enables Micro Businesses to Print Like a Pro
Bodour Al Qasimi Signs MoU with UNESCO to Enhance Cultural Cooperation
Perfect Fragrances to Celebrate Eid
Eberhard & Co. SCAFOGRAF 300 timepiece
Nissan's Juke and Kicks dominate Gulf's small urban crossover segment
Maiden SWS Senior Cup Victory for Al Hammadi
Da Vinci With Moon Phase: Homage to an Icon
Next Major Smartphone From LG to Feature First-Ever OLED FullVision Display
Dubai Chamber to Organise 4th Global Business Forum on Africa in November
Corum Bubble Skull
ERICSSON joins Zain Kuwait-led utilities digital transformation project
HH Sheikh Saif Bin Zayed honors one of the largest donors to the Faraj Fund
Corum Admiral AC-One 45 Chronograph, a distinguished customer in brown and bronze
The Veranda, your neighborhood backyard bistro, is now open at Hyatt Regency Dub...
Michael Kors Access Expands With New Smartwatches, New Apps, New Faces and New M...
SAINT HONORE: Opera resplendent with refreshing burst of freshness makes ideal E...
Jewel Corner opens an elegant new kiosk at Al Barsha Mall
RAYMOND WEIL: Distinctive Freelancer 1212 Automatic for the elegant man
BOVET artisans introduce new dial materials Aventurine and Meteorite
GROHE Blue Home – the private watersource for ultimate taste and enjoyment
Malabar Gold & Diamonds receives Gemfield's ‘Retail Jeweller India Award'
Introducing the Fall 2017 GUESS Accessories Collection Advertising Campaign
Real estate transactions in Dubai exceeded AED 390 billion in 18 months
LG V30 to Elevate Smartphone Camera to New Heights
Michael Kors Debuts New Bancroft Handbag Collection
Six Down, Two to Go - ADSB Keeps Up Pace in Delivering Ships to Kuwait
ADNOC Distribution Announces New Retail Price of Unsubsidised LPG for Month of August
UAE is likely to see increased cashless transactions by 2020: Xpress Money's Str...
Global Jewellery Retail Chain Joyalukkas signs Award-Winning Bollywood Actress K...
Emily Ratajkowski wears Salvatore Ferragamo eyewear
COÉGA Sunwear Launches Contemporary Autumn/Winter '17 Conservative Swimwear
Oasis Mall Brings Solar System to Life with Kids' Planetarium
The Government of Rajasthan & GEMS Education Announce Outcomes of the Inaugural ...
The Ritual of Karma
The New Energy Vehicles Club launched under the Clean Energy Business Council
Al-Futtaim Motors and Saaed sign service and spare parts partnership
Dubai Health Authority focusses on developing national talent in the health sector.
Eid Al Adha with Paule Ka Fall-Winter '17
ALISA PR launches in the UAE
Chronoswiss Regulator Classic Date in new size and with magnified date