News Middle East31 Jan 2021

Saudi Arabia:Health insurers and healthcare providers to adopt standard contract

| 31 Jan 2021

The Council of Cooperative Health Insurance has launched a unified contract system for all health insurance companies and healthcare service providers in the private sector that are accredited by the Council, reported Saudi Press Agency.

Insurers and healthcare service providers can start applying the standard contract to all new or renewed contracts with effect from 1 February. They have 12 months to be fully compliant with the standard contract.

The Council aims, through the unified contract, to regulate the contractual relationship between insurance companies and healthcare service providers and to protect their rights. The goal is to raise the level of services of health insurance companies and healthcare service providers.

The spokesperson for the Cooperative Health Insurance Council, Mr Othman Al-Qasabi, stressed the importance of the standard contract, adding that it would contribute to completing transactions faster and reduce disputes.

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