UAE one of the top 20 countries globally in healthcare spending per capita


Posted December 9, 2014 by tomjones

Arab Health exhibition to showcase increased participation from UAE healthcare entities
 
Dubai, UAE: The United Arab Emirates (UAE) spends approximately $1,200 (AED4,420) per person each year on healthcare, ranking it among the top 20 countries in the world for healthcare spending per capita. NMC healthcare, one of the largest healthcare providers in the private sector in the UAE, continues to support the UAE healthcare authorities by making affordable healthcare their motto and by increasing in their capabilities and facilities to cater to the growing UAE population.

NMC Healthcare, along with more than 330 other UAE-owned healthcare companies (17% increase from 2014) will be participating at Arab Health, the region’s largest healthcare exhibition and congress, from 26-29 January 2015 at the Dubai International Convention and Exhibitions Center.

“We strongly believe that our participation in Arab Health will further cement our position as pioneers in the UAE healthcare industry. The exhibition offers a networking and knowledge exchange platform amongst industry giants,” says Dr B R Shetty, Founder & CEO, NMC Healthcare.

The UAE healthcare authorities have been moving towards a universal healthcare scheme in order to maintain sustainable healthcare expenditures. Laws passed in 2005 and again in 2007 required all expatriates living in Abu Dhabi to acquire private medical insurance and the laws also gave the Health Authority Abu Dhabi (HAAD) the mandate to develop insurance policies and provide health insurance regulation. Today, Dubai is in the process of rolling out its universal healthcare insurance system that mandates that the population of the entire emirate must be covered by 2016.

Commenting on the mandatory health insurance system, Dr B R Shetty says that this will be a big driver for the growth of the healthcare sector in the UAE with the sector expected to expand exponentially in the next 3 - 5 years.

“Since becoming the first healthcare company from the GCC to be listed on the London Stock Exchange in 2012, NMC has opened three new facilities and will open two more in the near future. This will not only make the medical services more accessible to people but also double our bed capacity in the coming years. NMC also supports the UAE government’s vision of becoming a top medical tourism destination through its 12 healthcare facilities including the centres of excellence spread across the country that cater to almost 90% of the UAE’s population and visitors from other countries,” says Dr B R Shetty.



Note to Editors
About Arab Health Exhibition & Congress 2015:
Arab Health Exhibition & Congress is the largest healthcare event in the Middle East. Established 40 years ago, Arab Health provides a platform for the world’s leading manufacturers, wholesalers and distributors to meet the medical and scientific community in the Middle East and subcontinent. The Arab Health Congress is the world’s premier multi-track CME-accredited medical congress with 18 conferences. Arab Health, organised by Informa Life Sciences Exhibitions, takes place from 26-29 January 2015 at the Dubai International Convention & Exhibition Centre.
About Informa Life Sciences Exhibitions:
For more information, please visit www.informalifesciences.com

About Corniche Hospital:
For more information, please visit www.cornichehospital.ae
For media enquiries please contact:
Weaam El Ataya
Public Relations and Social Media Executive
Informa Life Sciences Exhibitions
T: +971 4 408 2813
F: +971 4 336 4021
[email protected]
NMC Healthcare, along with more than 330 other UAE-owned healthcare companies (17% increase from 2014) will be participating at Arab Health, the region’s largest healthcare exhibition and congress http://www.arabhealthonline.com , from 26-29 January 2015 at the Dubai International Convention and Exhibitions Center. “We strongly believe that our participation in Arab Health will further cement our position as pioneers in the UAE healthcare industry http://www.arabhealthonline.com . The exhibition offers a networking and knowledge exchange platform amongst industry giants,” says Dr B R Shetty, Founder & CEO, NMC Healthcare.
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Issued By tomjones
Country Canada
Categories Business
Last Updated December 9, 2014