The Saudi Central Bank (SAMA) issued regulations governing setting up and managing health insurance risk pools through brokers, according to a statement.
The rules aim to organize setting up and managing these pools in addition to providing affordable insurance coverage at low prices.
Health insurance risk pools for small and medium enterprises (SMEs) provide the best and most affordable insurance coverage offers in line with certain terms, which ensure competitiveness.
Further, these regulations will allow SAMA-licensed brokers to develop and manage risk pools based on their ability to negotiate with insurance companies on behalf of the SMEs in order to meet the employers’ aspirations. They reflect SAMA’s constant efforts to develop the insurance industry.
In August 2020, SAMA invited all concerned parties to submit their views on a draft law to regulate creating and managing health insurance risk pools, data compiled by Argaam showed.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}