Just recently, the DHA announced the launch of prorated health insurance plans for UAE residents. With Health Insurance terms to be linked to visa renewals, this new move looks all set to make life a bit easier for expats.
Here’s all you need to know about this new spin on Health Insurance plans.
What is ‘Prorated’ Health Insurance?
Prorated Health Insurance plans will help link your Health Insurance policy term to your UAE residence visa tenure. These plans will be prorated in a way that the coverage remains active till the end of your residence visa duration.
Why are these plans being introduced?
The UAE government had launched a massive Health Insurance overhaul three years back, making Health Insurance mandatory for all UAE residents. The launch of new prorated plans is the next step in this direction, to help ensure that all residents are covered under a Health Insurance plan, without exception.
How will these plans affect you and me?
With individual Health Insurance plans now being prorated to cover the end of the visa tenure, you won’t have to worry about setting reminders for two separate renewal dates.
Since residence visa tenures may vary from one year to three years, the new Health Insurance packages will be offered for similar terms too. For example, while the residence visa of your dependent spouse and children is valid for three years, the visa for your domestic helper has to be renewed annually.
To make things easier, the plans will be linked to visa tenures, inclusive of the 30-day grace period for renewal.
How can I pay for prorated coverage?
Not only will Health Insurance plans be prorated, they will also be available with flexible payment options. So if you’re opting for a three-year cover, you won’t have to pay the entire premium up front, but you can spread the cost and pay for the coverage in installments over a longer period.
Who will offer these plans?
Here’s a list of the 12 participating insurers, who are confirmed to offer the prorated health insurance packages going forward:
- Axa Insurance
- Abu Dhabi National Insurance Company (ADNIC)
- Dar Al Takaful
- Metlife Insurance
- National Health Insurance (Daman)
- National General Insurance
- Noor Takaful
- Oman Insurance
- Orient Insurance
- Ras Al Khaimah National Insurance
- Takaful Emarat
- Union Insurance
When will prorated plans be available?
It is yet to be announced when the new prorated plans will be available for purchase. You can expect the above-listed Insurance companies to roll out prorated packages in a few weeks’ time.
Watch this space for updates…
We will update this article once the DHA reveals the specifics and finer details of how the prorated insurance packages and flexible payment plans will work.