17 August 2022 08:53 AM

The Seventh Regional Forum for Medical Insurance and Health Care

Sunday، 30 January 2022 - 12:00 AM

The activities of the Seventh Regional Forum for Medical Insurance and Health Care were launched in Cairo, on Sunday 30/1/2022, under the auspices of the Egyptian Financial Supervisory Authority (EFSA).

The 2-day forum The event is organized by the Insurance Federation of Egypt (IFE), the General Arab Insurance Federation (GAIF) and the Egyptian Healthcare Management Society, under the title “Medical Insurance: Partnership between the Public and Private Sectors.”

For more information on the conference program and registration details, interested parties can visit the website: https://medicalinsuranceforum.ifegypt.org/Conference/Index

The forum is a specialized platform that discusses the most important topics related to the medical insurance industry, which makes it a distinctive and important event among the pioneers of the Egyptian and Arab medical insurance industry, in addition to all parties directly or indirectly concerned with this system with a permanent and effective presence of government agencies and international organizations related to insurance in Egypt and the Arab world.

Forum sessions

This year, the forum will witness many different activities, which will last for two days. The events begin with the official opening of the forum, including opening speeches in the presence of Dr. Mohamed Maait, Minister of Finance, Dr. Mohamed Omran, Chairman of the Financial Supervisory Authority, and Counselor Reda Abdel Moati, Vice President of the Financial Supervisory Authority.

This is followed by the presentation of distinguished lectures by a group of medical insurance industry experts at the local and regional levels.

Opening session:

Finance Minister and Head of the General Authority for Health Insurance Mohamed Maait delivered a speech during the opening of the Seventh Regional Forum for Medical Insurance and Health Care, in which he stressed on the importance of a strong partnership with the private sector to guarantee the success of comprehensive health insurance system.

Maait said the new system depends on not manipulating offering healthcare services for all citizens by the State only, noting the doors are open for the public and private sectors to take part in this domain, a matter which boosts the medical investments in Egypt.

He added that President Abdel Fattah El Sisi closely follows up the financial sustainability to ensure the system's success, pointing out that a new actuarial study would be conducted to make sure that the healthcare system would financially sustain.

The minister, also, said that the government appointed five figures, representing the private sector in the authority's board of directors, asserting that the health insurance companies are main partners in the new system in light of their large expertise and development of its IT infrastructure.

Maait pointed out that the new system covers 3,000 health services, adding that the system will begin to be implemented in Ismailia governorate within the coming months to be followed by South Sinai, Aswan, and Suez.

Afterwards, Dr. Ehab Abul-Magd, Chairman of the Board of Directors of the Egyptian Society for Healthcare Management, delivered a speech at the opening session of the forum in which he stressed that the convening of this year’s Medical Insurance Forum in its seventh session comes in light of the increasing importance of the health care sector in general and the medical insurance industry in particular, not only in Egypt, but also in all countries worldwide, due to the repercussions of the spread of the new Corona virus epidemic, which humanity is going through.

Recommendations of the Seventh Regional Forum for Medical Insurance and Health Care:

The Egyptian Insurance Federation issued the recommendations of the Seventh Regional Forum for Medical Insurance and Health Care, which included the following:

- Encouraging the approach of partnership between the public and private sectors as a necessity for the sustainability of health care services.

- Upgrading the health insurance and health care industry.

- Determining alternative and sustainable sources of funding to face emergency crises.

- Continuing to develop the legislative and regulatory environment for the insurance sector.

- Activating the use of financial technology mechanisms and digital transformation in the field of medical insurance.

- All parties to the health insurance system, represented by the Comprehensive Health Insurance Authority, insurance companies and health care companies, must unite in order to raise the level of service provided to citizens.

- The necessity of having accurate data about the target customers and their needs.

- Encouraging Arabic digital distribution channels that facilitate effective reach to target customers.

- Raising citizens' awareness of the role played by the private sector in the health insurance system.

- Raising the level of cooperation between health care companies and the General Authority for Comprehensive Health Insurance.


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