It acquired 63% of the paid claims by the end of last September

11.8 billion dirhams, the bill for the treatment of health insured persons in the UAE within 9 months

Insurance companies usually do not make significant gains from health insurance because of the high claims.

archival

The cost of the treatment bill for health insured persons in the UAE amounted to 11.8 billion dirhams, paid by insurance companies operating in the country, during the first nine months of 2022, according to the latest data issued by the Central Bank.

The data showed that the total claims paid by insurance companies to the health insurance branch ranked first with 11.8 billion dirhams, constituting 63% of the total paid claims recorded at the end of last September, amounting to 18.7 billion dirhams.

She explained that paid claims in the health insurance branch increased by 0.9% during the third quarter of 2022 compared to the same period in 2021.

It is noteworthy that the health authorities at the level of the Emirates electronically monitor everything related to health insurance matters, whether at the level of medical staff or medicines, and there are companies that manage health claims, in a manner that guarantees the integrity of dealings with all parties.

Usually, insurance companies do not achieve significant gains from the two branches of health insurance and car insurance, due to the high claims paid by insurance companies. However, most insurance companies have recently raised the patient’s contribution to the treatment bill, or what is known as the endurance rate, to reach 30%, besides the increase In paid claims, it is due to the increase in the number of health insured persons, which appears in the increase in the number of documents, in line with the increase in written premiums for health insurance, which were recorded at the end of the third quarter of 2022, to about 16.4 billion dirhams, compared to 16.1 billion at the end of the same period in 2021.

According to the system applied in the country, the scope of insurance coverage for employees and their families is determined according to the employee's salary, job position, and other matters.

The cost of medical services provided to the resident is determined according to the scope of coverage and the insurance program

Employers are usually required to provide health insurance for their employees and their families, which includes (one wife and three children under the age of 18).

Health insurance is one of the two types of compulsory insurance in the UAE, and it is compulsory for residents of Dubai and Abu Dhabi. Health insurance usually covers all or part of the risks of medical costs such as medical consultations, surgical expenses, laboratory tests, prescribed medications, and sometimes dental costs.

Annually, the health insurance branch records a steady growth, as the state, represented by its governmental institutions, supervisory and oversight bodies, and professional associations, in addition to insurance companies, has undertaken to work on developing health insurance programs in the most successful and best ways, in order to modernize the health care and health insurance system for citizens and residents in the Emirates, Both.

The Central Bank revealed that the total written insurance premiums increased to 36.7 billion dirhams during the first nine months of last year 2022, compared to 34.9 billion dirhams in the same period in 2021.

The increase in total written insurance premiums is due to an increase in property and liability insurance premiums to 14.6 billion dirhams, and an increase in health insurance premiums to 16.4 billion dirhams.

While the total paid claims amounted to 18.7 billion dirhams at the end of the first nine months of 2022, distributed by 11.8 billion dirhams health insurance claims, and 5.2 billion dirhams property and liability insurance claims.

The assets of the insurance sector in the country reached 118.2 billion dirhams during the nine months of last year, while the total property rights amounted to 27.1 billion dirhams.

The total invested assets amounted to 72.2 billion dirhams, while the total technical allocations amounted to about 68.8 billion dirhams at the end of last September.

• Paid claims in the health insurance branch increased by 0.9% during the third quarter of 2022.

• 18.7 billion dirhams total claims paid by insurance companies by the end of last September.

Follow our latest local and sports news and the latest political and economic developments via Google news