Revenues from expats’ health insurance in Kuwait up by 15% last year

Revenues from expats’ health insurance in Kuwait up by 15% last year

Official statistics revealed that the Ministry of Health’s revenues from health insurance for expatriates increased by 15 percent or KD13 million last year – KD100.2 million in fiscal 2021/2022 compared to KD87.116 million in the previous fiscal year, reports Al-Anba daily. The statistics showed that the ministry received KD490.6 million for health insurance services over the past five years ($1.6 billion dollars at an exchange rate of 304 fils per dollar).

The amount collected in fiscal 2017/2018 was KD94.59 million, KD101.43 million in fiscal 2018/2019 and KD107.28 million in fiscal 2019/2020 – the highest so far. Meanwhile, the Ministry of Health will study the possibility of unifying prices of medicines with neighboring countries, reports Al-Rai daily quoting sources. Sources confirmed that the concerned officials in the ministry and other government institutions had earlier discussed this issue with the Federation of Drug Importers. They said Minister of Health Dr Ahmed Al-Awadi is keen on completing this step to provide patients with safe medicines at reasonable prices.

In a related development, the ministry added 26 medicines to the list of medicines that are exclusive for citizens as per a circular distributed to pharmacists and doctors in health districts; stressing these medicines should not be