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Friday, 28 April 2017

Mediclinic in record jump on Abu Dhabi policy move

Mediclinic in record jump on Abu Dhabi policy move:

"Hospital operator Mediclinic had its best day on record on Thursday after Abu Dhabi scrapped cost-sharing on private medical treatment. Effective immediately, United Arab Emirates residents with Thiqa medical insurance cover will no longer have to pay 20 per cent of the bill for private treatment, Abu Dhabi crown prince Sheikh Mohammed bin Zayed al-Nahya announced during a hospital visit aimed at promoting medical tourism. The UAE had introduced the co-pay rule in July 2016, which triggered a 40 per cent slump in Mediclinic’s local patient volumes and led to staff shortages."



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