AXA has launched an international healthcare proposition for firms with employees based in the Kingdom of Saudi Arabia.
Available from 1 January 2019 for both multinational companies with employees on assignment in the region and locally-based businesses, the proposition meets Saudi Arabian Monetary Authority (SAMA) and Council of Cooperative Health Insurance (CCHI) regulations.
The Prestige and Prestige Plus plans are consistent with AXA’s other global healthcare offerings in Dubai and Abu Dhabi.
When seeking local medical treatment, the proposition allows members to use hospital networks and cashless facilities within the Kingdom of Saudi Arabia.
It is complemented by AXA’s full global medical network, which gives access to medical treatment when outside the region.
Benefits of the plan, which can be customised depending on the size of the scheme, include comprehensive cancer benefits and cover for kidney dialysis as well as mandatory cover for life threatening congenital conditions, pre-existing conditions and newborn cover for up to 30 days.
Kevin Melton, global head of sales and marketing for AXA – Global Healthcare, said Saudi Arabia is a major hub for employees on assignments abroad.
“What’s more, with health insurance now mandatory for all private sector employees and over 12 million expats working in Saudi Arabia, it is a key market for us,” he added.
The proposition will complement AXA Cooperative Insurance Company’s domestic offering, enabling companies to choose AXA plans which cover both their domestic and international employees.
Gary Lewin, chief executive of AXA Cooperative Insurance Company, Saudi Arabia, said: “We are very excited to be working with AXA – Global Healthcare to offer a proposition which will provide the mandatory CCHI cover both domestically and for those seeking treatment worldwide. This will be a seamless product offering which will allow members to utilise our hospital networks within the Kingdom of Saudi Arabia and throughout AXA’s global network.”