A couple of years ago, Expacare had a consistent track record of providing below-market inflation increases, with less than a 7% increase in their base rates. Due to market inflation and volatility their increases are now between 10-12% on average which is still more competitive than other international insurers. Expacare aims to provide stable and long-term solutions to our clients and should be considered an excellent long term partner.
Expacare has partnered with MedNet to utilise their network and handle their claims in the UAE. MetNet is an established well-known brand that offers quality customer experience. Although, due to a lack of presence in the region from Expacare, escalations can get slightly delayed.
As Expacare is financially stable and backed by Lloyd’s of London, defaulting on payments is not a concern.
They provide a range of variations on their ‘choices plans’ that allow them to select from different networks and add co-insurances, however, there are limited options for their Out-Patient and Add on benefits which can make it difficult to meet a clients specific requirements.
If you are a business owner or HR professional in the UAE, you’re looking to improve the medical insurance cover for you group, save money on your employee benefits package or reduce your company medical insurance costs, we will review your current plans and related expenses. Please contact us or call us on +971 (0) 4559 4900.
At AES, we focus on providing long-term solutions, tailored to an individual organisation’s needs, to help you improve overall employee wellness, drive up productivity and engagement, and enable you to manage your corporate medical insurance spend year on year.