DUBAI: Companies in Oman will be obligated to provide their staff with health insurance, according to a statement released by Oman’s Capital Market Authority, local daily Times of Oman reported.

“The decision aims at meeting the needs of the employees of the private sector relating to coverage of basic health, to limit the high cost to employers in the private sector, in view of the current economic situation, in addition to providing quality services by the insurance companies and health care unit to the insured,” the statement read.

The mandatory health insurance will cover residents, expatriates as well as visitors entering the country.

There were no details given as to when the insurance would be introduced.

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