Health Insurance Hospitals Company (Dhaman) has been appointed to provide the new compulsory health insurance scheme to more than two million expatriates with Article 18 visas working in the private sector and their families.
The company has been working behind the scenes for the last many years to develop an efficient health insurance system that separates health insurance from the healthcare costs. Currently private sector workers pay annual health insurance fees as well as additional fees for medical services, treatment, and medicine.
The new Dhaman package covers the annual insurance fees as well as for medical expenses such as for analyzes, x-rays, laboratory tests, outpatient clinics, treatment, operations, hospitalization and other services. The cost of the new compulsory health insurance has been approved in accordance with the law and is fixed at KD130 per person. The fees for an employee will be borne by the employer.
However, the insurance does not cover the KD2 fee for medical consultation and for opening a new file at the clinic, which will continue to be borne by the employee.
Dhaman is expected to list 50 percent of the company’s shares on the Kuwait Boursa (Stock Exchange) by the end of 2021. The board of directors of Dhaman is looking to list the company on the Boursa following the launch of the fully operational phase of the health insurance system, so as to ensure the rights of shareholders and achieve greater investment benefits for them.