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Group Medical Insurance in UAE – Eligibility, Tips, and Benefits

Category: Health Insurance Published on: 21 Nov 2022

Group Medical Insurance in UAE – Eligibility, Tips, and Benefits

All employers in the UAE should get Medical Insurance for their employees, according to the Central Bank of the UAE. However, getting customized group health insurance plans for your employees at affordable rates is not a simple task.

The Dubai emirate has its per se health insurance program called “Saada”, while Abu Dhabi has its per se health insurance program called “Thiqa”. Likewise, Sharjah and Ajman have health coverage programs and initiatives for their citizens.

Eligibility Criteria for Group Medical Insurance in UAE

(i) Employer Eligibility for Group Insurance

  • Be a legally registered organization
  • Adhere to the regulations and guidelines of the country
  • As a rule, must have the minimum number of employees (as specified by the Emirate as well as the policy provider).

(i) Employee Eligibility for Group Insurance

  • Work full-time in the company
  • Be listed in the company’s payroll eventually
  • Have registered in the labor list of the ministry
  • Further have a valid visa issued by the company

Group Medical Insurance Policy in Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah & UAE

Tips to Find The Right Group Insurance in UAE

Here are a few most important tips for you to choose the right group health insurance in UAE.

  1. Check whether the group insurance broker is a registered insurance provider by law
  2. Ensure that the broker arranges a discovery call to discuss the existing policy, most importantly desired benefits along with budget 
  3. Is the insurance provider taking into account:
  • The company size
  • Type of employees
  • Gender balance and age of the employees
  • Salary limits and eligibility
  • Previous medical history or health conditions
  1. Check if the group insurance agent specializes in corporate medical insurance and policies. We at Platinum we have been providing corporates with medical solutions for over 15 years now and are highly specialized in the sector 
  2. Explore the different group insurance packages and plans for employees
Basic plan Group Insurance
  • Annual coverage of AED 150,000 per person
  • Covers medical emergencies, consultations with doctors, medicines and maternity benefit 
  • Premium starts from AED 525
Enhanced plan Group Insurance
  • Annual coverage of can be increased to AED 250,000 per person  
  • Benefits include nil-copays for diagnostics and medications and direct access to specialists.

  • Direct access to hospital can be included

  • Premium starts from AED 751
Comprehensive plan Group Insurance
  • Annual coverage starts ranges from AED 1,000,000 per person and can be increased as per your requirement
  • Offers worldwide coverage for medical emergencies and out-patient services
  • Access to all the high-end hospitals 
  • You can also include comprehensive benefits like dental, vision, and wellness.
  • Premiums start from AED 3,000
  1. Generally, examine if your group medical insurance policy covers:
  • Branded medicines
  • Doctor’s office visits
  • Coverage for dependents or beneficiaries
  • Hospital co-insurance percentages
  • Ambulance services
  • Pre- and post-hospitalization coverage
  • Cashless treatments
  1. Basically compare the plans opted by your sister concern or other players in your industry.
  2. Also, how about the insurance claim process? Is it easy, paperless, and immediate on request?
  3. Moreover one of the most significant features of a good group insurance provider is education. Yes, a good group insurance broker educates employees about the policy features. Additionally, for our corporate clients, Platinum offers complimentary training in which we explain:

  • the features of group insurance policy
  • the co-pay and reimbursement process
  • the go-to steps for any medical emergency 
  • the right channels for any approval/reimbursement communication
  • overlooked advantages of the policy 
  1. Is there a dedicated team especially to address all your concerns and queries about the policy?

    Is there a dedicated team to address all your concerns and queries about the policy? We have specialized departments to manage your policy on your behalf

Benefits of Group Health Insurance in UAE 

(i) Benefits to Company Owners

  • Retain highly efficient employees
  • Impress upcoming talents
  • Quickly treat employees firstly and reduce their leaves
  • Productivity less disturbed indeed.

(i) Benefits to Employees

  • Get medical attention from Day 1 in your organization meanwhile
  • Proactive medical care to you and your immediate family members
  • Pay lower premium costs
  • Preexisting health concerns are covered under group insurance.

 

Make an Enquiry for your employee health insurance needs.

 

Also Read:

Tips To Buy A Group Health Insurance Policy in UAE
Choosing the Right Group Health Insurance for Your Company
Importance of buying group medical insurance for employees

 

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