UAE businesses cannot be thinking of employee health insurance as a cost

UAE businesses cannot be thinking of employee health insurance as a cost

Anyone with a strategic role at their company – or who runs their own business – will probably be looking back at this month and asking where it went. From countless conversations, I know this is the case with HR professionals. Today’s HR departments are involved in so many aspects of the business, and are a critical link between employees and management, as well as a multiple stakeholder in overall cost management. Perhaps the biggest single concern of HR when it comes to this connection between employees and cost management is group health insurance. It comes around every year, you know you must renew. The progressive UAE regulation has made it mandatory for the last couple of years. And it’s not an insignificant cost. But how HR directors approach putting in place (or renewing) group health insurance – the structure, the balance of costs, and incentives - are varied. For some, the UAE office is part of a global mandate, and their ‘hands are tied’. Some are so busy with other things, they will take a glance at new offerings, find little to no difference in the quotations given, and revert to their current provider – either the end insurer