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 7021 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
Let It Glow
Filorga Launches FLASH-NUDE Collection
Let All Your Photos Be Merry & Bright
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
HP ProBook x360 11 G3 and G4 Education Edition
Chrono 4 Grande Taille - an extra-special timepiece
30 Years of Ryder Cup Heroes Confirmed for the 30th Edition of the Omega Dubai ...
PopSockets launches a new collection with crystals from Swarovski, the must-have...
Maintain Healthy Skin Year Round
Free gold coins at Malabar Gold & Diamonds Festival
MIDO Baroncelli Lady Day & Night collection
American Eagle Is the Go-to Destination for Gifting This Holiday Season'
Golden Mile Galleria's A Cultural Flair' attracts hundreds of art lovers to Pal...
Newby Teas Launches Advent Calendar For Christmas 2018
GAZOO Racing Wins Australia Rally at FIA World Rally Championship
The Interiors Gift Guide with Home and Soul
Tissot Chemin des Tourelles
Growth and inclusivity drive Avaya's channel strategy for 2019
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Time For Enchanting Moments
Holiday Handbags | GUESS
Get Ready for Party Season with Lottie's new make-up hits
Festive Gift Sets from Bubble T
BharatMatrimony launches office in Dubai targeting 2 Million Indians
Interview with Asil Attar, CEO of Al Yasra Fashion
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
Winter wool Christmas must- haves
Tissot PR100 Lady Sport Chic Glamourous Festive Season
Michael Kors Collection Transeason 2019 Press Presentation
France Attractiveness Scoreboard 2018 Released
Five-Star Euro NCAP for Jaguar's Electric I-PACE
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shin...
Ring in a dazzling festive season at Ibn Battuta Mall
UOWD's quality management expert wins ASQ-UAE Quality Professionals Award
New 1948 Seamaster Watches Join the Ranks'
Dubai's Most Magical Festive Market Opens at Dubai Festival City Mall
Samsung Galaxy A9 Designed to capture the world in its fullest
Chinese Manufacturing Companies to Highlight Trade Opportunities in Middle East
Tissot PR100 Lady Sport Chic Sporty yet Feminine
Dubai Customs wins 3 awards from Ideas UK 2018
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
FBMA and 47 Emirati women celebrate UAE National Day
New ACH145 Mercedes-Benz Style Cabin Model Highlights First Presence at MEBAA fo...
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Al Hosn Now Open to the Public
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
Voting on UAE Superbrands 2019 Begins
ICAEW recognises Middle East's best finance professionals
National Hospital offering special UAE National Day Health Package for AED 47th
It's a Wrap! The Second JLT Restaurant Awards Conclude with a Glitzy Ceremony At...