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 8839 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
Nothing says ‘I love you' quite like MKS Jewellery Valentine's Day Top Picks
Delightful Duo Of Elegant Timepieces Make For A Special Valentine Day's Gift
Great offers this February on Glambeaute.com
Mesmerizing Gift Sets and Perfume for Her
Classic Smoky Eyes with Essence
Introducing Supergirl Make-Up
Valentine's Day Gifting Guide
The Rado HyperChrome Ultra Light
Chronoswiss Shows Off Twin Limited Edition Flying Grand Regulators
Le Meridien Al Aqah Beach Resort Rolls out Fabulous Deals for February
The Valentine watch collection by Coach
Innovative, Adventurous and Accurate. It's what pilots need in a timepiece. And ...
GUESS Launches JEANS SS19 Collection for Women
GUESS Launches Kids Collection
212 VIP Extra Limited Edition
NuFACE launches in Bloomingdales and Harvey Nichols!
Emirates Post commemorates silver jubilee of Emirates Center for Strategic Studi...
Billy is 40 years old..
Deadline extended to register for first ever Dubai Corporate Sports Championship
Lenovo announces Lenovo Truscale™ Infrastructure Services – a consumption-based,...
The Fall 2019 Michael Kors Collection Runway Show
Chrono 4 Grande Taille Limited Edition - another classy reiteration of an iconic...
Dubai's first building biologist receives global recognition
Turkish Airlines introduces its new The LEGO® Movie 2 Inflight Safety Video, bef...
Pirelli gives New Ice Zero 2 Studded Tyres Their Debut on Ice in Sweden at the W...
Exclusive position in the front row of the grid: The BMW M850i xDrive Coupe Firs...
Is the runway ready for HONOR View20 Moschino edition - the season's most covete...
Caroline Wozniacki chasing more success at Dubai Duty Free tennis championships
UAE supermarket chain Al Maya group to launch products from Woolworths Australia
Robinsons to launch its new luxury lighting department – the latest addition to ...
Valentines Day Gift Guide from Anker
Create a Valentine's meal to remember with LG
Airbus and Emirates reach agreement on A380 fleet, sign new widebody orders
GSK sets to improve antibiotic adherence in the UAE with a new patient-friendly ...
Dubai Cares and UNICEF announce the Dubai Declaration on Early Childhood Develop...
Jaguar Land Rover expands Ingenium family with straight six-cylinder petrol engine
Greece partners with VFS Global to launch Visa Application Centres in the Kingdo...
Abu Dhabi University and Knowledge Group to participate in IDEX 2019
Wellness Saturdays with H Retreats
Okadoc helps UAE patients find a doctor and book an appointment online instantly
10 things you didn't know about Space Grill
39 days shopping extravaganza brought grand success to 13 participating malls
Zayed University inaugurates largest Bloomberg Finance Lab in the Middle East
Customs World develops RIISE: first of its kind leading-edge Customs platform
6.5 million worth of prizes won by jewellery shoppers this Dubai Shopping Festival
Aster doctors rescue 25-day old baby from rare flesh-eating infection
HH Sheikh Saeed Bin Hamdan Al Maktoum Cup First Ever 30 Goal Handicap Exhibition...
The Retail Summit officially opens
Aetna supports Dubai Cares' Walk for Education with sponsorship
WCU: Commodity markets roll over as macroeconomic concerns weigh