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Tuesday, June 20, 2006

Daman Ready with National Health Insurance Company

The National Health Insurance Company - Daman established licensing to insure both the Government and Private Sector by the Ministry of Economy and through the General Authority for Health Services (GAHS).

Daman has by now begun to meet with many organizations in Abu Dhabi as they arrange for the new Health Insurance Law Requirements. The lately accepted Health Insurance by Laws for Law No. 23 - 2005 issued by President H. H. Sheikh Khalifa Bin Zayed Al Nahyan creation it obligatory for employers and business owners in Abu Dhabi to give health insurance coverage for their émigré employees and their families was accepted and announced early June by the Executive Council of Abu Dhabi.

Phase I of the law would need all Abu Dhabi Government, Semi Government and large organizations with more than 1000 employees to give health insurance coverage for the employee, the employee's spouse and up to 3 dependents under the age of 18 years by July 1st, 2006. This would crash just about 250 organizations in Abu Dhabi during the Phase I. Daman has begun to meet with these organizations to bring in the a variety of insurance products that have been urbanized and providing them with the necessary requirements to start the process. The second phase, which would be in effect during January, 2007 would need all expatriates to be insured.

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