Gahs approves more insurers

ABU DHABI — The General Authority for Health Services for the Emirate of Abu Dhabi (Gahs) has announced a new list of authorised insurance companies for its new health insurance law, bringing the total number of authorised insurers to 14 companies.

By A Staff Reporter

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Published: Tue 18 Jul 2006, 10:19 AM

Last updated: Sat 4 Apr 2015, 7:12 PM

Gahs has already reviewed 14 applications out of 23 forwarded by insurance companies operating in Abu Dhabi to receive official licensing to provide health insurance to employees and their family members.

On July 1, Gahs enforced the first phase of the health insurance policy, phasing out the existing health card system for companies sponsoring more than 1,000 employees. Phase two will commence in January 1, 2007, and cover all expatriates residing and working in the capital.

The Qatar Insurance Company, Al Ain Ahlia Insurance Company, Arabian Scandinavian Insurance Company, Abu Dhabi National Insurance Company, Emirates Insurance Company, Ras Al Khaimah National Insurance Company, Al Saqr National Insurance Company, and Abu Dhabi National Takaful have been lately sanctioned by the Gahs to provide insurance services.

“The announced companies have fulfilled all the requirements set by the Gahs, according to Law Number 23 for the year 2005. They have shown commitment to operate, according to the ‘Code of Regulations’ of the Health Insurance Law,” stated Ibrahim Al Mousa, Executive Director of Finance at Gahs.

He said a committee is currently reviewing applications submitted by nine other insurance companies to work in the health insurance field, noting that Gahs will continue to update the public with a list of authorised insurers.

Al Mousa stressed on the importance of obtaining official licensing to operate as authorised health insurance providers or Third Party Administrators (TPA) before issuing health insurance policies, noting that violation of the rule will subject companies to penalties stipulated in the law.

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