ISR CMA Surgery Insurance Policy


On Mar. 11, ISR CMA announced surgery insurance policy transfer.


  • ISR CMA established rules for transferring insured persons to Shaban supplementary surgery insurance policy established within the framework of the arrangements law.
  • Key Points
  • In the reform it is determined that individuals insured with first shekel type insurance policies who at the same time are colleagues in the Shaban plan of the health fund, will be transferred Jun. 1, 2024 for a policy of the Mishlim Shaban type.
  • The transfer will be made to a policy without a deductible, while maintaining discounts given to the insured, on insurance continuum and without checking documents.
  • The instructions refer to the method of delivering the notice to the insured, dates of the notices and method of canceling a transfer if one is not interested in the transfer.
  • ISR CMA noted that coverage in supplementary surgery policy and the insurance was defined in a way that guarantees the maximum insurance coverage for the insured.
  • According to the amendment, the commercial insurance is expected to supplement to the maximum extent the coverage granted to the insured under the Shaban.
  • In addition, the Shaban supplementary policy is expected to become the main surgery policy marketed to the public as part of the health insurance reform implemented.
  • Effectiveness
  • The policy transfer will occur on Jun. 1, 2024.

Regulators ISR CMA
Entity Types CNSM; Ins
Reference PR, 3/11/2024
Functions Compliance; Legal; Operations; Product Administration
Countries Israel
Category
State
Products Insurance; Insurance-Health
Regions EMEA
Rule Type Final
Rule Date 3/11/2024
Effective Date 6/1/2024
Rule Id 203973
Linked to N/A
Reg. Last Update 3/11/2024
Report Section International

Last substantive update on 03/13/2024