CMA and OCA review health insurance scheme for employees

BUSINESS REPORTER –
MUSCAT, JAN 23 –
The Capital Market Authority held a meeting with the representatives of the Omani Contractors Association (OCA) to review the main features of the health insurance scheme for the employees of the private sector and expatriates residing in Oman and visitors to be implemented in collaboration with the concerned entities as part of the awareness campaign of the scheme.
The meeting commenced with review of the latest developments of implementation of health insurance on the employees of the private sector, the expatriates residing in Oman and the visitors. The meeting then discussed the proposed implementation phases beside reviewing the key steps taken by CMA in collaboration with the entities concerned with implementation of the health insurance scheme and identification of best methods for implementation of the scheme in the construction sector and the benefits of implementation of Dhamani on the employees of the construction sector. The meeting was acquainted with the initiative of the OCA to revitalise the construction sector. CMA emphasised during the meeting that implementation of the unified health insurance policy which covers basic health care is to provide health insurance for the employees of the private sector and other categories targeted by the scheme.
It is noteworthy that Health Insurance Work Team is continuing the endeavours to implement health insurance on the employees of the private sector and visitors. Health insurance is witnessing growth. Unaudited statistics for the year 2018 indicate the share of health insurance in the total insurance portfolio is 33 per cent thanks to the increased awareness of the individuals and institutions of the importance of health insurance in mitigating the burden of treatment in case of injury or disease.