Now that almost the entire population of the UAE has health insurance, premiums are now a significant P&L item and new to many CFOs. The drivers of this cost are legislation, member utilisation of benefits, medical inflation and employee health. Employers have direct control over only one of these drivers...the health of their employees. Consilient believes that there will now be a move towards the "involuntary" establishment of workplace wellness schemes as the only tool employers have to contain their health insurance costs. To read a full discussion on this topic, click below.
On 17 April Robin Ali appeared on the Arabian News Network's Dubai Today radio show hosted by Suzanne Radford, discussing all things to do with workplace wellness and how employers should embrace it to improve employee productivity and health and contain rising health insurance costs.