More than 650,000 members enrolled with Daman

Daman also declared that it received around 700,000 Invoices from local, regional and international providers and members, with more than 700 health care providers in their UAE network and 453,975 health care providers worldwide.

"Hospital claims to date are within our expectations which stands as a testament that our products have satisfied the needs of our members to a large extent and has helped them receive the health care they are looking for," commented Dr. Michael Bitzer, CEO of Daman.

Daman also explained again that subscribing Individuals and small companies, which are not eligible for the basic plan, have undergone a process of underwriting and medical evaluation prior to the issuance of their insurance policies. Level of premiums depends on certain criteria's that is related to the risk exposure of a member, such as deductibles, medical providers network, age, gender, medical condition, selection of plan, martial status, weight & pre-existing conditions.

"Daman applies international standards in calculating a premium for an individual, depending on many factors such as medical condition, age and gender. Daman uses such calculations in estimating the health services that a member might need within a year of medical coverage. These calculations differ from one individual to another depending on the risk exposure level of each factor. For example, a plan with an international territory will have a higher premium as well as a member with pre existing chronic diseases or high plan benefits." added Dr. Michael.

Daman is the region's leading health insurance company, providing comprehensive healthcare solutions to over 650,000 members in the UAE via a large network of private hospitals and pharmacies. The company is planning expansion plans through service points located strategically around the country.