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04/01/2025
Rising Tensions Between Hospitals and Insurance Companies – Rates Increase by 15%
A heated conflict has erupted between the Syndicate of Hospital Owners in Lebanon and the Association of Insurance Companies. The Syndicate of Hospital Owners in Lebanon, led by Sleiman Haroun, has announced that, starting February 2, 2025, hospitals will increase the rates agreed upon with insurance companies by 15%.
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12/09/2024
Lebanon: Insurance Companies Victims of the Currency Collapse!
Like other sectors and institutions in Lebanon, insurance companies are suffering from the repercussions of the economic crisis, the collapse of the national currency, and the multiple exchange rates between the official one set by the Central Bank of Lebanon and the prevailing effective market rate
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30/06/2024
Health Insurance: Premiums on the Rise
Medical care costs are experiencing significant inflation. Major private insurers in the Lebanese market, contacted by This is Beirut, have indicated that their health insurance premiums will increase by about 10% starting July 1st.
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03/06/2024
Lebanon’s economic crisis affects the insurance market, sales of premiums decline
The insurance sector has recorded declines of 25 percent in sales of non-life insurance premiums and 43.7 percent in sales of life insurance policies since 2019.
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27/10/2023
Gross Premiums Down 4.5% in 2022 in a Year
According to figures from the Insurance Control Commission under the Ministry of Economy, gross insurance premiums from the 46 insurance companies operating in Lebanon totaled LBP 2,456.4 billion in 2022
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28/03/2023
Healthcare insurance chaos: Patients still paying out-of-pocket despite full coverage
Even if you pay a health insurance company and receive a card that covers you 100% in and out of the hospital in US dollars, you may not be able to undergo a simple medical test without paying for it yourself due to the rampant chaos in this sector.
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28/02/2023
Fifteen percent of Lebanese no longer have active car insurance plans
Around 15 percent of Lebanese no longer have insurance on their cars in 2023, according to the head of the insurance companies' union in Lebanon.
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22/02/2023
Lebanon’s inflation hits 124% as energy, healthcare costs soar
Lebanon’s inflation more than doubled in January, as rising living costs continued to impact consumers and businesses.
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