Mandatory health insurance to have positive impact on Qatar’s economy – The Peninsula

Mandatory health insurance to have positive impact on Qatar’s economy – The Peninsula

Doha: The mandatory health insurance will contribute positively to the economy of Qatar. With 2 to 2.5 million expatriates joining the scheme the country’s health insurance sector will benefit from it and will double the employment in healthcare industry providing better quality of healthcare services and technologies, said an official during an event.

French Business Council- CCI France Qatar organised a webinar entitled ‘Compulsory Health Insurance: The Law and its implications on Expats and Business’ which shed light on the compulsory health insurance law for expatriates and visitors.

Nadia Basbous, Chief Underwriting Officer – Medical and Life, Seib Insurance and Reinsurance discussed importance of the Qatar’s law no. 22 of 2021 on the organisations, its impact on the insurance sector, economy, and healthcare providers. “Healthcare mandatory scheme is an essential part of achieving Qatar National Vision 2030. Health insurance is part of employee benefits, and this is the best and most effective way that organisations use to retain employees, keep their morale up and satisfied,” she said.

“Health insurance has an array of benefits. The law applies to expats only and we estimate that we will have around 2 to 2.5 million expats insured under the law and Qataris will be exclusively treated