The Cooperative Insurance in Saudi Arabia: A Nucleus to health Reform Policy

2011 International Conference on Information and Finance IPEDR vol.21 (2011) © (2011) IACSIT Press, Singapore Created by: Deena M Barakah, DDS : Dental Clinic Department, King Saud Medical City, Ministry of Health, Riyadh, Saudi Arabia E-mail address: drdeena@gmail.com Shakir Ahmed Alsaleh : School of Public Health & Health Informatics, King Saud bin Abdulaziz University for Health Sciences E-mail address: Alsalehs@ksau-hs.edu.sa Abstract. In order to fulfill the country's health sector developmental objectives, the Kingdom...

Read More

The Takaful Insurance and a Brief Reviewing in Latin America

Introduction Starting the 1970s and increasingly in the 1990s, Islamic countries and other countries with a significant Muslim population have encouraged the provision of financial services, including insurance, under Islamic principles. As a result, a number of Islamic insurance companies, called Takaful insurers, have been established to provide Muslim individuals and businesses with insurance coverage both in the life and non-life sectors (Field Research, 2011). Currently, there are about seventy “Takaful” operators world-wide. During...

Read More

HEALTH INSURANCE: GLOSSARY OF TERMS Part3 P-W

Paid Claims Amounts paid to providers based on the health plan.  Paid Claims Loss Ratio  Paid claims divided by total premiums.  Participating Provider  (1) A health care provider under contract with a health insurer or managed care organization. (2) A health care provider approved by Medicare to participate in the program and receive benefit payments directly from carriers or fiscal intermediaries. ...

Read More

HEALTH INSURANCE: GLOSSARY OF TERMS Part2 E-O

Eligible Expenses Expenses as defined in the health plan as being eligible for coverage. This could involve specified health services fees or customary and reasonable or allowable charges.  Eligibility Date The date that a person is eligible for benefits. Eligibility Period (1) The period of time during which potential members of a Group Life or Health program may enroll without providing evidence of insurability. Sometimes called “Open Enrollment.” (2) The period of time under a Major Medical policy during which reimbursable expenses...

Read More

Health insurance: GLOSSARY OF TERMS Part1 A-D

Accidental Death and Dismemberment A policy or a provision in a policy which pays benefits if the insured dies, loses his or her sight, or loses two limbs as the result of an accident. A lesser amount, usually half, is payable for the loss of one eye, arm, leg, hand, or foot. Generally companion coverage to group term life insurance, LHSIC offers this as a benefit in its individual health insurance policies. Accreditation A designation indicating that an insurer’s networks or a managed care organization has been evaluated and has met the...

Read More