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 >>

 
  Share

Retirement law's impact on healthcare insurers and providers to come under the spotlight at 4th MENA Insurance Congress

Dubai, UAE, October 02, 2018:  At the 4th MENA Health Insurance Congress, major players from across the regional insurance industry will explore and dissect the immediate and long-term implications of the UAE Cabinet's historic decision to approve a new expatriate retirement law, according to Georges Chidiac, UAE Country Manager and Senior Vice President of SAICOHEALTH.

Although the formal Congress agenda was finalized before the new law - which is expected to provide special residency-visa privileges for expat retirees over 55 years of age for a period of five years - was passed, Chidiac expects the topic to be a popular talking point among industry representatives on the sidelines of various panel discussions.

“It's too early to gauge precisely what the new law will mean for insurance companies, although we can expect the law to be good news for healthcare providers and UAE residents as it will spur investment in the sector,” said Chidiac.

With the new law coming into effect in 2019, the qualifying requirements for individuals are property investments worth Dh2 million or more, financial savings of no less than Dh1 million, or an active income of no less than Dh20,000 per month. 

 “Whether health insurance for retirees will be mandatory remains to be seen but, either way, the new retiree law should drive innovation right across the healthcare insurance divide. An array of new services will be required to manage health cases and diseases management; we will see much more tracking between insurers and providers,” added Chidiac. 

At the 4th MENA Health Insurance Congress, which runs at Dubai's Millennium Airport Hotel from October 2-3, Chidiac will address the ‘collaboration triangle', or the relationship and drivers between insurers, patients and healthcare providers. 

With SAICOHEALTH serving as the Silver sponsor of the Congress, Chidiac will also discuss aspects such as Medical Consumerism, or how patients co-pilot their healthcare; how technology is redefining the collaboration triangle in the digital age, and how value-based care can play a positive role in insurer-patient relationships.

Established in 1964, DAMANA has gradually increased its regional holdings and now counts seven offices in five MENA countries. DAMANA deals with the full spectrum of general insurance needs, with an expertise in health insurance through its dedicated brand SAICOHEALTH. 

 



Posted by : GoDubai Editorial Team
Viewed 11053 times
Posted on : Tuesday, October 2, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dubai Festival City Run 2018 to take place on November 9th
Next Story : Statement of Dr. Layla Al Marzouqi
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
Chloé Launches The New Cloud-shaped “rosie” Sunglasses
Max Mara Resort 2020 Collection
BYS COSMETICS Now in UAE
Tissot Introduces Chrono XL 3x3 Street Basketball Special Collection
Saint Honore
VBQ-presskit-denim-70s Capsule
Introducing the Swim and Beachwear Summer Collection from Marks & Spencer
Hackket's Bags of Style
Ministry of State for FNC Affairs Launches Forum Titled ‘Political Empowerment i...
New Land Rover Defender Completes Tusk Testing to Support Lion Conservation in Kenya
Natural and gentle haircare essentials for your little ones from Fifi & Friends'
Eberhard & Co. Alfa Romeo Limited Edition
UAE and Oman bodies sign MoU to jointly promote Internal Auditing
Rado Captain Cook Automatic Limited Edition with travel case'
Jaguar Land Rover & Bmw Group Announce Collaboration for Next Generation Electri...
The Economic Times recognizes Malabar Gold & Diamonds as one of the Best Brands 2019
Kickstart your summer workout with Ibn Battuta Mall's free indoor family Fun Run
Vincitore Realty sells out 108 homes in the Dh375 million Benessere project in j...
OMEGA Rocket Engine - Introducing the Master Chronometer Calibre 3861
Sony World Photography Awards Reveals New Categories for 2020 and Latest Sony Gr...
Historic Opening of Coca-cola Arena Gets the Seal of Approval From Thousands of Fans
Britain's Greatest Test Driver, Norman Dewis Obe, Passes Away
The Gucci Runway Makeup Looks for Cruise 2020
Jennifer Lopez in Ralph Lauren
CEO of Etihad ESCO, Ali Al Jassim's Statement on World Environment Day 2019
Aston Martin Produces First Cars at St Athan
The SS19 Exclusive Edit From Etoile “La Boutique''
Certina DS PH200M collection'
ZAAM Launches a spin on their iconic Polyhedron bag
Empower launches summer campaign to reduce district cooling consumption for the ...
Electricity Most Searched Fuel Energy Term Online in UAE
Sharjah Chamber to Take Part in the 11th Edition of the World Chambers Congress ...
Backseat battles: kids driving their parents to distraction – and danger on the ...
Dubai Cares supports 3-year teacher training program in Ghana to boost early chi...
Dan Martin Returns to the Road to Lead UAE Team Emirates at the Criterium Du Dauphine
Dp World, UAE Region's Strategic Solutions Boost the Automotive Sector
Resolution: Airlines Urge Governments to Adhere to Global Slot Allocation Guidelines
Choose the perfect fragrance this Father's Day with Rasasi
Ibn Battuta Mall Eid Al Fitr Celebrations
Emirates NBD highlights commitment to preserving marine biodiversity on World Oc...
Constructsteel Conference to take place in the Middle East for the first time
BMW Group and Jaguar Land Rover announce collaboration for next-generation elect...
Musabih heads Dubai Customs delegation to WCO IT/TI Conference & Exhibition in A...
Long-term visa granted to Dr. Azad Moopen & wife
123 readers led Taraweeh prayers during the holy month of Ramadan
Turkish Airlines added Strasbourg to the list of its destinations in France
Team Abu Dhabi Looking Good in Double Title Chase
Lukoil Marine Lubricants strengthens its collaboration with KOTC
KLM Royal Dutch Airlines to Host 76th IATA AGM in Amsterdam
The Health & Hygiene Industry Rises in MBLM's 2019 Brand Intimacy Study and is t...