Nurse walking in a hospital alleyway in Beirut. (Credit: João Sousa).
BEIRUT — Insurance companies in Lebanon are set to increase their medical insurance premiums by the end of the month. The hike could range between 7.5 to 12 percent, but will ultimately be left to the discretion of each company, said Assaad Mirza, president of the Association of Insurance Companies in Lebanon (ACAL).This comes as a response to the Syndicate of Private Hospitals’ decision – which it issued after its board meeting on Dec. 23 – to increase hospitalization tariffs contracted (or agreed upon) with insurance companies by 15 percent as of Feb. 1, 2025. Mirza told L’Orient Today that he rejected this increase and expressed his disapproval of the decision to Sleiman Haroun, president of the Syndicate of Private Hospitals, on Dec. 31.“A reasonable increase would range between 3 and 5 percent to cover cost-of-living allowances,...
BEIRUT — Insurance companies in Lebanon are set to increase their medical insurance premiums by the end of the month. The hike could range between 7.5 to 12 percent, but will ultimately be left to the discretion of each company, said Assaad Mirza, president of the Association of Insurance Companies in Lebanon (ACAL).This comes as a response to the Syndicate of Private Hospitals’ decision – which it issued after its board meeting on Dec. 23 – to increase hospitalization tariffs contracted (or agreed upon) with insurance companies by 15 percent as of Feb. 1, 2025. Mirza told L’Orient Today that he rejected this increase and expressed his disapproval of the decision to Sleiman Haroun, president of the Syndicate of Private Hospitals, on Dec. 31.“A reasonable increase would range between 3 and 5 percent to cover cost-of-living...