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KD 763 million collected since 2000 as health insurance fee not utilized
December 30, 2015, 9:58 am

The country’s treasury has collected KD 763.5 million, which is equal to $2.5 billion, since Health Insurance Law Number 1/1999 for foreigners took effect in 2000, reports Annahar daily quoting sources. Sources said such money has been accumulating for 15 years without investing it, clarifying neither the Cabinet nor the Finance Ministry had a plan or study ways to invest or benefit from the huge sum collected from expatriates who pay fees for health services as per the law.

Sources pointed out if the money was spent on improving health facilities and services, the State of Kuwait would have joined the ranks of European countries in terms of the quality of medical services provided to citizens.

Earlier, a lawmaker asked former minister of finance Mustafa Al-Shamali about the steps taken for the country to benefit from the accumulated funds but no response has been given until now. 

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