Saudi Telecommunications (STC) invited proposals to offer its large workforces and their family members’ health insurance. The offer is considered as most lucrative insurance policies across the Middle East. STC current employs around 20,000, but company spokesman Mohammad Al Faraj said: “Staff family members bring the total number of STC health insurance beneficiaries close to 90,000 people.”

Only the Saudi central bank authorized health insurance firms can take part in the tender. The company said it in the tender announcement that published in nearly all Saudi newspapers last Saturday. STC set a deadline (May 19) for the submission of this bids. Saudi Arabia (KSA) has again and again delayed plans to get health insurance scheme compulsory for employers in the country. Secretary-general of the Co-operative Health Insurance Council Abdullah Al Sharief said in January the plan will be applied in six months for more than 1.5 million Saudis private sector’s employees and their families.

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