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AXA Gulf launches campaign to alert Dubai companies and citizens with the new mandatory deadlines of the Health Insurance Law to ensure they will be compliant
In line with the Dubai Health Authority's (DHA) new mandatory health insurance law, AXA Gulf, one of the leading non-life international insurers in the region, is now offering Essential Benefits Plan (EBP) to Dubai citizens. This plan has been designed specifically to offer health insurance coverage for employees earning a gross salary of AED 4,000 or less per month.
AXA Gulf's Essential Benefits Plan ensures that the medical needs of employees working in large corporations, SMEs, domestic staff, spouses and dependents are adequately met, making AXA a provider of comprehensive health insurance solutions.
"As a Participating Insurer, we are excited to introduce the Essential Benefits Plan in accordance with the Health Insurance Law," said Cedric Charpentier, Chief Sales and Distribution Officer, AXA Gulf. "At AXA Gulf, we are focused on offering comprehensive insurance solutions for all segments of the UAE society and the development of the new EBP plan is yet another testimony of our ability to develop customized solutions, making AXA the ideal health insurance partner."
The first phase of the health insurance mandate ensured that companies with 1,000 employees provided health insurance coverage by October 2014. In the second phase of the plan, companies with 100-999 employees are required to implement full health insurance coverage by July 2015. During the last phase, companies with less than 100 employees, as well as spouses, dependents and domestic workers are required to be fully insured by June 2016.
"AXA Gulf has also launched a campaign aiming to alert and warn employers on the mandatory Health Insurance Law and ensure they are compliant with the new regulations by meeting the DHA deadlines. Our customer-centric approach is key to all our insurance solutions and it is one of the important factors that have helped us create a niche positioning. We now look forward to providing the similar high levels of service to the residents of Dubai who opt for AXA's Essential Benefits Plan," concluded Charpentier.
In order to help human resource and administration divisions of companies in Dubai create an outline of the required insurance coverage for their employees, AXA Gulf has formulated a specialized team of insurance experts. Furthermore, all applicants can also access AXA customer services via live support such as 24/7 call center and a dedicated toll free number to obtain more information on the Essential Benefits Plan.
Initiated by the Dubai Health Authority (DHA) in 2013, the mandatory health insurance law has been signed and approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai. The PI status was provided to AXA Gulf and a few select insurers by DHA after a rigorous evaluation process based on key determining criteria, such as the insurers capacity, financial standing and performance in the healthcare segment.
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ABOUT THE AXA in the gulf
With a workforce of over 1,000 employees, 39 branches & retail shops region-wide, more than 1 million customers and 2014 gross written premium of over US$ 937 million, AXA is one of the largest international player in the GCC. Present in the region for more than 60 years, AXA in the Gulf offers a wide range of insurance products and services for corporate and individual customers. The company has been awarded Insurer of the Year for the 5th consecutive year in 2014 and Personal Lines insurer for the 3rd consecutive year in 2015 at the MENA Insurance Awards and best Motor insurance product by the Banker Middle East in both UAE & KSA.
As part of AXA's Corporate Responsibility and its commitment to building better understanding about the health risks faced by individuals and the society, the company achieved a new Guinness world record for the most blood cholesterol readings in 8 hours at a single venue.
Website: www.axa-gulf.com
ABOUT THE AXA GROUP
The AXA Group is a worldwide leader in insurance and asset management, with 157,000 employees serving 103 million clients in 59 countries. In 2014, IFRS revenues amounted to Euro 92.0 billion and IFRS underlying earnings to Euro 5.1 billion. AXA had Euro 1,277 billion in assets under management as of December 31, 2014. For the sixth year in a row, AXA has maintained its position as a leading global insurance brand, placing it among the world's 100 Best Global Brands by Interbrand as well as the Best Global Green Brand in insurance, putting AXA in the top 50 of all global green brands.
Website: www.axa.com
For further information, please contact:
Anan Ibrahim
Account Manager
GolinMENA
+971 4 332 3308
aibrahim@golin.ae
© Press Release 2015
