Health Insurance Law - Oman
Capital Market Authority (CMA). According to the authority, there is no prescribed date for the implementation of this new rule and such authority is only in the process of putting together preliminary plans to bring the necessary health insurance for all citizens in the Country.
The CMA has brought about this new provision to adequately meet the needs of employees employed in the private sector concerning their need of primary health coverage, as well as with the aim to curb excessive costs to the employers of the private sector due to current economic standards. The incorporation of these provisions is an attempt at unifying health insurance policies for the private sector. This reform comes in the wake of frightening statistics of how few employees in the private sector, both nationals, and expatriates, are provided with health insurance.
The stated aims of the new provision are the increase in the quality of the private sector health system, which would be impossible without the implementation of proper health financing in the private health sector. The compulsory medical insurance aims to curb the pressures placed on government-run medical facilities as the increasing population takes its toll on the resources.
The mandatory provision of health care also extends to all visitors to the region. The bringing out of the policy is an initiative brought about by the Health Ministry and the Royal Oman Police.The process which will be utilized to ensure compliance by visitors is the issuing of health insurance at the border posts, and thus there will be a noticeable impact of the immigration process in Oman.
The implementation of this provision is in the wake of the announcement made in 2017...
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