Price of private health insurance

best option is to see if the company can add then on your behalf and you pay for them; heres how it works out:

it'll cost you about 300KD per person per year, now the reason i say try to add them with your company is because insurance companies are not fools, the more you use the more they abuse. whereas in a company of XX individuals, the ratio of users and non-users can make it so the premium (price you pay for the service) is always kept low.

What insurance companies do is they divide the amount you paid by the amount you used and multiply it by a number. they then see if based on this number they should increase your premium.

for example, you pay 300KD. everytime you go to a private clinic you pay 25KD for a consultation, 15 for an x-ray and 10 for meds (you only pay 10% of the amount, the rest is covered by insurance, but they look at the total number). so thats 50KD. lets say your wife (heaven forbid) visits the Dr. 3 times that year, so thats 150KD. you paid 300. 300/150 = 2, times their multiplier, lets say its 1.2, puts it at 2.4. then based on this number, they can say next year your insurance premium is 320.

I audited insurance companies so i know a thing or two

Thank you very much Legacy...you have been a great help