Bulletin
Investor Alert

London Markets Open in:

Aug. 5, 2020, 8:12 a.m. EDT

Saudi Arabia Health Insurance Market Report 2020: Industry Trends, Share, Size, Demand, COVID-19 Impact Analysis, And Future Scope – IMARC Group

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    American International Group Inc. (AIG)

or Cancel Already have a watchlist? Log In

Aug 05, 2020 (SUPER MARKET RESEARCH via COMTEX) -- Report Overview: The Saudi Arabia health insurance market was worth USD 5.68 Billion in 2019. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group.

Health insurance is a type of insurance product that covers the expenses of surgical, medical and sometimes dental procedures. It reimburses the costs incurred by the insured individual during the treatment of the illness or injury. In Saudi Arabia, all citizens and expatriates are required to have health coverage. Typically, health insurance is included in employer benefit packages where the premiums are partially compensated by the employer, while the rest is deducted from the salary of the employee. The benefits received from the health insurance are tax-free.

Request For Free Sample Pdf Copy @ https://www.imarcgroup.com/saudi-arabia-health-insurance-market/requestsample

Saudi Arabia Health Insurance Market Trends:

The Government of the Kingdom of Saudi Arabia (KSA) has been actively taking steps to explore the involvement of the private sector in the evolution of healthcare infrastructure. In line with this, it has extended the Mandatory Health Insurance (MHI) plan to private sector employees. Besides this, the Council of Cooperative Health Insurance (CCHI), an independent Government body, has recently mandated health insurance for tourists in the Kingdom of Saudi Arabia. The policy entails that the insurance will cover the maximum limit of US$ 26,666. It includes a package of benefits, such as emergency treatment, childbirth, traffic accident injury, medical tests, hospitalization, and medical evacuation both outside and within Saudi Arabia.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

For more information about this report visit: https://www.imarcgroup.com/saudi-arabia-health-insurance-market

Market Segmentation

Market Breakup by Type

Individual

Group

Market Breakup by Service Provider

Public

Private

Report Coverage:

  • Base Year Considered: 2019

  • Historical Data Coverage: 2014-2019

  • Market Forecast: 2020-2025

1 2
This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.