Health insurance powers transferred to Insurance Authority from Council of Health Insurance

Health insurance powers transferred to Insurance Authority from Council of Health Insurance

Okaz/Saudi GazetteRIYADH — The Saudi Insurance Authority announced that the health insurance powers have been transferred to the authority from the Council of Health Insurance effective from Monday, March 4.This is in continuation of taking up the role of the authority for which it was established, after announcing the start of its work on November 23, 2024. Insurance Authority works to complete its founding goal to be the sole authority responsible for regulating, supervising and controlling the insurance sector in Saudi Arabia.Eng. Naji Al-Tamimi, CEO of the authority, emphasized that the transfer of powers won’t have any impact on current insurance policies or claims, as the current laws and regulations will continue to be implemented. Policyholders and health insurance beneficiaries will continue to avail of all their rights under the current laws and regulations, and there won’t be any change in the current terms and conditions of insurance policies.With regard to complaints and claims, Al-Tamimi said that as of Monday, all complaints and inquiries related to health insurance will be transferred to the Insurance Authority. He explained that the authority will follow up old complaints and claims while new complaints will be filed through the authority’s channels via the phone