Egypt’s General Authority for Health Insurance (GAHI) and the Insurance Federation of Egypt (IFE) have signed a protocol of cooperation to improve the comprehensive health insurance system in Egypt.
The protocol was signed by Mohamed Maait, Egypt’s Minister of Finance and Chairman of GAHI, and Alaa Al-Zoheiry, President of IFE, in the presence of Mai Farid, Acting Executive Director of GAHI.
The two parties agreed to establish a targeted operating model to be implemented gradually in line with the comprehensive health insurance system. They also agreed to select the companies that will provide insurance services to beneficiaries within the comprehensive health insurance governorates in an integrated manner to ensure the quality of services and the financial and actuarial balance of the system.
In addition, the two parties agreed that the aforementioned companies will provide a strong network of health service providers from those accredited in the private sector. They will also study the proposed solutions necessary to reduce the insurance costs borne by the parties, which will contract with insurance companies to cover the beneficiaries of these entities.
During the signing ceremony, Farid reviewed the ongoing preparations to launch the comprehensive health insurance system in the governorates of Suez, South Sinai and Aswan, within the framework of the implementation of the presidential directives. She stressed the government’s keenness on maintaining financial sustainability and involving the private sector through continuous work on fair pricing of medical service packages provided under the umbrella of the comprehensive health insurance.
Farid also highlighted the importance of the newly signed protocol of cooperation to create an integration between the comprehensive health insurance and the private insurance sector. This would meet the needs of citizens with high quality services under the umbrella of comprehensive health insurance.
