Saudi Arabia has set out plans to invest $66 billion in healthcare infrastructure and boost the private sector participation by 2030. The Kingdom plans to boost private sector participation from 40% to 65%.
This comes after the Saudi Council of Cooperative Health Insurance stated that all employers within the private sector should provide health insurance cover for their employees or anyone in their immediate family.
Around 40-50% of the proposed investment is likely to be on infrastructure until 2025, with the focus switching to digital solutions and medical consumables and implants after 2025. The shift to private sector partnership is keeping in mind the uncertainty of oil revenue in sustaining the public health sector.
To know more, read the full news article originally published in Sovereign.
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