Jeddah: A new $10 million healthcare fund has been launched in Saudi Arabia which will step in to cover expenses that exceed a person's insurance coverage.

The fund, called Dhaman, was unveiled on Monday by the Council of Health Insurance (CCHA) in coordination with the Saudi Central Bank.

The size of the fund will be reviewed periodically to meet the demand, Ahmad Abuemara, spokesperson for the CCHA told CNBC Arabia.

“In the first stage, the fund's coverage will be dedicated for emergency cases, with a maximum of SR500,000 per case,” he added.

Dhaman will ensure the protection of insurance companies and enable claiments to receive treatment without interruption.

Copyright: Arab News © 2021 All rights reserved. Provided by SyndiGate Media Inc. (

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.