The Capital Market Authority reviewed with the members of the Omani Medical Association the execution of the health insurance scheme for  the employees of the private sector, residents and visitors with the participation of more than 30 doctors from different medical specialties to acquaint them with the developments of the project, medical coding systems and related training programs.

The meeting discussed the progress of the project and the achievements in the regulatory infrastructure of the health insurance ecosystem  as well as the work of the first phase of the Dhamani platform which is the key steps to cope with the technological revolution in health insurance transactions because it links private health institutions, insurance companies and the regulators. The platform provides investment opportunities for the technology companies.

Dhamani would provide quality health and insurance services as well as speeding the transactions related to treatment approvals further to its positive effect on enhancing the supervision of the services for the protection of the patients.

The meeting discussed the ongoing efforts in the medical coding project which the CMA has placed among the regulatory projects of Dhamani  which is concerned with coding  of names, medical terminology, medical and surgical procedures and diseases in a unified coding system. CMA concluded a contract with the American Medical Association to provide CPT license for the Dhamani platform and conducted a training program in medical coding.

Said Sulaiman Al Saadi, Director of the Health Insurance Supervision Department  gave speech in the meeting  on the importance of such meetings with the partners in the project emphasizing that the main object of the project is to provide health care for all, hence providing insurance coverage for the expatriates and residents in the Sultanate of Oman is a human and social necessity. He pointed out that Dhamani platform is one of the pillars of the project to link the parties such as government entities, insurance companies and health services providers to exchange information on the health insurance transactions.

He added that CMA contracted with the American Medical Association to provide CPT license for use by insurance companies and private health institutions which would contribute to the quality of the insurance services and  increase the level of transparency and accuracy in all the transactions.

It is worth to note that the CMA is preparing the regulatory and technological infrastructure for  the compulsory  health  insurance project for the employees of the private sector, residents and visitors in collaboration with the Ministry of Health, Ministry of  Labor, Public Authority for Social Security and Oman Chamber of Commerce and Industry based on assignment from the Council of Ministers.