Features and Benefits of Medical Insurance in UAE

By Sakshi Srivastava - 13 Jan 2022 Last Updated: 27 Jan 2022
Features and Benefits of Medical Insurance in UAE

Health insurance is a sort of insurance that pays for surgical and medical expenditures if the insured is admitted to the hospital. Apt health insurance in Dubai provides numerous benefits to policyholders, including day-care hospitalization and pre- and post-hospitalization. In fact, several of the most well-known health insurers cover cashless hospitalisation at network hospitals throughout the duration of the policy.

Medical Insurance Costs in the United Arab Emirates on Average

In the United Arab Emirates, health insurance is required. If your job does not provide health insurance, you will have to purchase it privately for yourself and your family. Medical insurance in the UAE is quite expensive, yet the care offered is among the best in the world. In comparison to the other Emirates, the cost of family medical insurance in Dubai is rather high.

  • In the United Arab Emirates, the average annual cost of health insurance is roughly AED 10,000.
  • Expats' annual premiums for comprehensive health insurance can range from AED 5,500 to AED 33,500 for a family of four people.
  • In Dubai, a basic family medical insurance plan for four people will cost roughly AED 17,000 per year.
  • Medical insurance for a couple with a joint policy costs roughly AED 36,324 per year on average.

Despite the fact that the UAE is the world's seventh most expensive country in terms of medical insurance, there is a reason why it is the world's leading medical tourism destination.

Health Insurance in the United Arab Emirates: Features and Benefits

The following are the various characteristics and benefits of health/medical insurance in Dubai and the UAE:

Cashless Treatment - If the insured or any of his or her covered family members is admitted to a network hospital, he or she can receive medical treatment without having to pay any money. The policyholder only needs to supply the policy number, and the hospital and health insurers will take care of the rest.

Pre- and post-hospitalization coverage- Some of the most effective medical insurance policies cover pre- and post-hospitalization charges for a set number of days before and after a policyholder is admitted to the hospital.

Medical Exam - A good health insurance plan entitles the policyholder to regular medical examinations.

Transportation Expenses - If the insured is hospitalised, the health insurance policy will cover the costs of an ambulance to transport the policyholder from his or her house to the hospital.

If the insured is hospitalised, he or she will be required to pay room rent. Medical insurance ensures that all of these costs are covered to a certain extent.

When there is no claim filed throughout the effective policy period of one year, the No Claim Bonus is granted either as a discount in the premium or as an increase in the sum guaranteed.

Health Insurance Types

The following are the various types of medical insurance plans available to fulfil one's individual insurance requirements:

Health Insurance Plans for Individuals

Individual medical insurance plans, as the name implies, are given by health insurance firms in the UAE to a single policyholder. It provides financial protection against specific illnesses as well as a variety of perks like cashless hospitalisation, pre- and post-hospitalization, and so on. Only one person receives the entire cash guaranteed.

Health Insurance for Families

Family health insurance plans are the ideal combination of affordability and coverage when it comes to medical insurance in the UAE. Rather than acquiring individual medical insurance policies for each family member, family plans can be used to cover the complete family under one umbrella. The number of policyholders in these sorts of health insurance policies is usually limited to one spouse and a set number of children. The sum assured is divided by all family members covered by the policy in family medical insurance plans.

Plans for Senior Citizens' Health Insurance

Senior Citizen Health Insurance Plans are developed exclusively for people over the age of 60. Medical insurance programmes for senior citizens usually have lower premiums. Although just a few health insurance companies in the UAE provide such plans, they may need a medical examination before selling them. Furthermore, because senior adults are more susceptible to sicknesses and health disorders, such insurance may be slightly more expensive than health plans for young people.

Health Insurance Plans for Groups/Employees

Employers frequently provide group health insurance plans. Furthermore, they are designed to include and omit employees as they enter and depart the company. Because of the low risks involved, group health insurance policies normally have inexpensive premiums.

Illness that is Critical Plans for Health Insurance

A critical illness insurance plan is meant to cover critical, life-threatening diseases and disorders that are not typically covered by a standard healthcare plan. These illnesses may necessitate long-term care, several hospital visits, and a significant investment in pre- and post-hospitalization services, making them one-of-a-kind. Critical illness plans usually provide a lump sum payment for services and treatments that are not covered by your regular health insurance plan.

The Best Health Insurance Companies in the United Arab Emirates

Dhanguard UAE is here to assist you in making good, well-researched selections when it comes to choosing your medical insurance plans by providing you with the top health insurance firms in Dubai and the UAE. Comprehensive insurance plans offered by health insurance providers in the UAE cover everything from maternity to dentistry, optical, pre-existing conditions, and a wide range of emergency treatments.

What Influences Health Insurance Premiums in the United Arab Emirates?

The cost of health insurance premiums is influenced by a number of factors. The following are a few of them:

Age: Health insurance rates for older persons can be up to three times more than for younger ones.

The policyholder's geographic location has a substantial impact on his or her health premiums. The cost of health premiums is high in some geographic areas due to a lack of good dietary options, health and climate difficulties, and so on.

Individual vs. Family Enrollment: Health insurance policies that cover a spouse, children, and/or dependants may be more expensive.

Policy Duration: The length of a health insurance policy has a significant impact on the cost of medical premiums. The health premium will be lower if an individual chooses a policy with a longer term. The premium, on the other hand, will be high for a limited time.

Occupation: The nature of an individual's profession and the level of risk that he or she is exposed to at work have a substantial impact on the cost of health insurance premiums.

Tobacco usage :  It is associated with a 50 percent increase in health insurance rates compared to those who do not use tobacco.

Body Mass Index: When compared to individuals who are fit, those with a higher body mass index may experience more medical concerns, necessitating more doctor visits. As a result, the cost of health insurance premiums rises or falls depending on an individual's body mass index.

Medical History: People with a family medical history are more likely to pay higher medical insurance premiums than others since they are more likely to require more medical treatment in the future.

Pre-existing Medical Conditions: When purchasing a health insurance coverage, policyholders must disclose any pre-existing medical conditions they may have. While few insurance cover pre-existing medical issues, others may not, resulting in a higher premium. This has an impact on or raises the cost of health insurance premiums.

What are the Benefits of Comparing Health Insurance Plans ?

In the United Arab Emirates, the insurance market is quite broad and offers a wide range of products and providers. Choosing the appropriate health insurance plan for the customer and his or her family is frequently complicated by the volume and range of options available. As a customer, the best approach to select a plan that fits within your budget and meets all of your demands is to compare health insurance in the UAE. This method is analytical, allowing customers to filter plans that provide the features and perks they require while not draining their bank accounts.

What is the Best Way to Compare Health Insurance Plans on the Internet?

When a buyer compares medical insurance online in Dubai or the United Arab Emirates, they can follow a straightforward approach, as follows:

  • Look for plans that provide the coverage they require while staying within their budget.
  • Select a few plans from the list based on medical insurance price comparisons and the plan's unique features and advantages.
  • Emphasize the plan's inclusions, exclusions, and customer reviews.
  • When comparing health insurance, check at the provider's claim settlement ratio.

The Advantages of Buying and Comparing Health Insurance Online

The following are some of the primary advantages of purchasing medical insurance online:

 Simple and Easy : Comparing health insurance policies online is a simple process that motivated purchasers can conduct themselves by scanning the internet or using web aggregators.

Save Time and Money: Shopping for health insurance policies online saves not only time but also money. You won't have to fill out documents or speak with salespeople like you would with an offline transaction. Furthermore, evaluating and purchasing medical insurance online allows you to take advantage of a variety of deals and discounts that can help you save money.

Variety: When a customer buys health insurance online, there are a plethora of choices and options to pick from, allowing them to research and select the best plan that suits their budget and meets their demands.

Free Quotes: Almost every online web aggregator provides free quotes generated using a premium calculator that determines the coverage you require. It is completely free and essential in your search for health insurance.

Customer Service: Insurance firms provide their consumers with online customer service, which has a greater reach and reaction time than traditional methods of customer support and service, which is an added benefit.

Criteria for Health Insurance Eligibility

The criteria for health insurance eligibility may differ depending on the plan chosen. As a general rule, every citizen and UAE resident in Dubai is entitled for health insurance. There are plans available for a specific population, such as senior citizen health insurance, family medical insurance in Dubai, group medical insurance plans for employees, health insurance plans for nationals and ex-pats, and so on. If you can present all of the relevant paperwork and meet the individual criteria given by the insurance companies, you can get basic health insurance in the UAE.

The following is a list of general health insurance eligibility criteria in Dubai:

  • The applicant must be between the ages of 18 and 75.
  • You must be a UAE resident.
  • Children are covered as dependents from the moment they are born.

Documents Required for Reimbursement of Health Insurance Claims

  • Reimbursement of claims is a relatively simple and painless procedure. To gain approval, you'll need to prepare a collection of documents and complete the application process. The following documents are necessary for the reimbursement of health insurance claims:
  • Your health insurance provider's claim reimbursement form, duly completed and stamped with signatures
  • Original copies of all medical bills and invoices to be reimbursed. This includes all medication receipts, ambulance bills, and any other item submitted for reimbursement.
  • Reports on diagnostics and lab tests
  • Hardcopy of the insured's health insurance or policy information
  • Details of the insured's bank account.

For more details on Medical Insurance connect with experts of Dhanguard.

By Sakshi Srivastava

13-Jan, 2022

Medical Insurance Related FAQ

Frequently Asked Questions

  • Why is it so essential to declare my pre-existing medical conditions?

    Patients are communicated to tell their physicians all about their medical history in order to get the best care, and health insurance policyholders are asked to tell their provider all about their pre-existing conditions in order to get the best coverage. Furthermore, if there are any inconsistencies in the medical insurance policy, the insurance company can cancel the policy.

  • What is the extent of medical insurance coverage in the UAE?

    The regional limit to which a health insurance policy's benefits are available is referred to as the scope of coverage. For example, in the UAE, health insurance with a definition of ‘Within the UAE' would only compensate policyholders for medical services received in the UAE.

  • Are family plans the cheapest health insurance available in the UAE?

    Family policies undeniably deliver some of the best coverage at the most affordable prices, making them one of the most cost-effective health insurance choices in the UAE. Even family health insurance policies, however, have their own limitations, such as a limited number of dependents and other constraints. When applying for a job, it is suggested that applicants spend some time reviewing the different inclusions and exclusions.

  • What are the Medical Insurance Policy for female in UAE?

    Medical insurance Policy for females are expensive because of the pregnancy related costs that occurs to the insurance companies. Whereas policy for female aged below 40 is too expensive compared to female aged above 40.

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