According to IMARC Group’s latest report, titled “UAE Health Insurance Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the UAE health insurance market is primarily driven by the wide-ranging, government-funded policies that are concentrated on providing high standard healthcare facilities to the residents. In Dubai and Abu Dhabi, for instance, the government provides health insurance for all its citizens. Both these cities have also mandated employers to offer health insurance coverage to their employees. Besides this, there has been a rising inward migration, coupled with the increasing per capita expenditure on healthcare services in the UAE, which is driving the uptake of health insurance. Other factors, such as the rising incidences of lifestyle diseases, growing economic diversification and high cost of medical treatment, are further bolstering the growth of the market.
Base Year: 2020
Forecast Year: 2021-2026
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Health insurance is a crucial part of the healthcare infrastructure and helps in covering the cost of medical and surgical expenses of the policyholder. The insurance company pays for the treatment of the patients in advance or indirectly through reimbursements, depending upon the pre-decided terms and conditions. Health insurance plans can also cover psychiatric care, rehabilitation, therapy, in-patient management, and maternity care.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/uae-health-insurance-market
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