The United Arab Emirates has experienced a dramatic increase in health insurance claims, reaching Dh16.5 billion from January to September 2024, according to the Central Bank of the UAE.

Factors Driving Up Health Insurance Claims

This surge is due to several factors including mandatory health insurance for residency renewal, an aging population, and rising healthcare costs driven by advanced medical technologies and increased public health awareness post-COVID-19. Abdul Mohsen Jaber from the UAE Insurance Federation highlights that these factors necessitate higher premiums.

Strategic Adjustments in the Health Sector

The demographic shift towards an older insured population requires strategic adjustments within the insurance industry. The government continues to enhance healthcare services through partnerships with regulatory bodies and professional associations, aiming to modernize the sector for both citizens and residents.

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