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Insurance companies in Dubai will soon be introducing prorated health insurance packages for residents that are linked with the duration of their visas, according to a senior official from Dubai Health Authority (DHA).
Dr Haidar Al Yousef, director of the health funding department at the authority, said that the move was particularly beneficial for people with individual packages who forget to renew their insurance.
"This initiative will be launched in a few week's time," said Dr Haider speaking to Khaleej Times. He said that the insurance packages will be linked to the visa renewal period and also include the 30-day grace period. "So you can purchase multi-year packages as some visas are one-year, some are two- and others three. You can purchase a package that can be prorated to the end of your visa," he added.
Insurance companies will also be introducing flexible payment plans so that people do not have to pay two years up front. Dr Haider added: "This is very helpful for individual policies whether it is domestic workers or dependants."
All 12 participating insurers (PIs) will be offering these packages while DHA has recommended that other insurance companies also offer such packages.
Sponsors and company owners who violate the Dubai insurance law by not renewing their employees' and dependents' insurance every year on time will be fined Dh500 per person per month. The fine is deducted automatically via the electronic system at the time of renewing of the visa.
The Dubai Health Insurance Law No 11 of 2013 was adopted under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. According to the law that came into effect in January 2014, every sponsor is legally liable to provide an essential health insurance package for employees.
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