Health insurance grants you financial security by covering future medical or surgical expenses in the event of an unforeseeable medical crisis. It reimburses an amount-- or what we call "claims"--to the insured.
The amount given as claims, which typically cover hospital and post-hospitalization expenses, is highly dependent on the policy’s health coverage.
Your company size greatly affects insurance policy plans and coverages. Most insurance companies in UAE have separate health insurance packages for 1) a company with less than 50 employees and 2) a company with over 50 employees.
While health plans are not the same for every insurance company, these are the standard coverages available for employees:
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Comprehensive health plan, as the name implies, covers almost all the bases when it comes to providing health protection for your employees. This type of coverage usually includes maternity, in-patient, out-patient, optical, and dental consultations in multiple hospital facilities across UAE.
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Advance health coverage for pre-existing medical conditions allows employees suffering from chronic diseases to get health claims when the need arises.
It’s also important to note that, in most settings, health plans are not fully shouldered by company employers. Mostly, the monthly or quarterly payments are divided unto the employer and the employee based on an existing company agreement.
Damanak gets you and your employees connected to online insurance UAE companies that can offer you round-the-clock services in case a medical problem arises.
Health insurance applications require documents that serve as proof of eligibility, including the following:
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Business registration
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Proof of employment
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Proof of identity (i.e., passport, national ID, driver’s license)
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Proof of residence (i.e., utility bills, tenancy contract, rent receipt)
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Proof of income (bank statement, salary certificate)