Home Middle East Saudi Arabia Saudi: Private firms to be heavily fined for lack of health insurance

Saudi: Private firms to be heavily fined for lack of health insurance

Saudi: Private firms to be heavily fined for lack of health insurance

Saudi: Private firms to be heavily fined for lack of health insurance

Saudi Arabia has stated that up to SR20,000 in fines would be slapped on private firms per employee if they failed to make available health insurance services.

The erring companies and establishments with 51 or more workers shall have to pay a fine amounting to a maximum of SR20,000 for each worker who is in the category of A but did not have insurance.

The maximum fine will be SR5.000 per worker for category B in establishments with a number of workers between 11 and 50; and SR2,000 per worker for category C at establishments with 10 or fewer workers.