ALL NEWS

Monday, December 19, 2016 - 12:31

 

GlobeMed Egypt and Egyptian Takaful Insurance Company, member of Gulf Insurance Group (GIG), have signed a Third Party Administration Agreement (TPA) effective from October 15, 2016. The agreement will allow Egyptian Life Takaful as a major player in the health insurance sector in Egypt to benefit from GlobeMed Egypt’s vast healthcare benefits management experience and state-of-the-art technologies targeted to streamline and enhance the delivery of health services to insured members.

Egyptian Life Takaful Company is the first established Takaful life insurance company in the Egyptian market and has wide geographical distribution nationwide, with a portfolio exceeding 50,000 insured members. The company’s shareholders include the most prestigious banks in Egypt with Gulf Insurance Company being the major shareholder.

Commenting on this cooperation, Jad Mouawad, General Manager of GlobeMed Egypt, said “We welcome Egyptian Takaful on board.It was only natural for our companies to join forces.  We believe that this new endeavor will bring forth new health services and solutions to the Egyptian market for the benefit of the insured members”.

The cooperation constitutes a strategic step for both companies, holding a great promise of success and progress in a highly competitive industry.  

Thursday, December 15, 2016 - 14:02

 

Al Hilal Life has signed a Third Party Administrator Agreement with GlobeMed BahrainW.L.L on June 29th 2016. The TPA agreement follows the company’s strategy to expand into medical insurance through developing health insurance products suitable for the Bahraini market. Al Hilal Life currently operates as a locally incorporated life insurance firm in the Kingdom of Bahrain.

 

Commenting on this cooperation, Emanuel Lantzos, CEO of Al Hilal Life, said “Entering the Medical Insurance market will be a significant step for us here in Bahrain, and we are proud to have finalized this agreement with GlobeMed as they continue to be the market leaders in the medical administration services”.

 

Tarek Salibi, General Manager of GlobeMed Bahrain, added “This cooperation gives GlobeMed Bahrain the opportunity to put its high-tech software solutions, highly experienced team of experts and professionals as well as its strong regional presence available to serve Al Hilal Life insured members, making health Insurance closer and easier to the people. We are confident that the dynamic and professional team of Al Hilal Life, with the assistance of GlobeMed Bahrain, will enrich the health insurance market with innovative products that will meet the needs of the public”.

 

Al Hilal Life and GlobeMed are optimistic about the success of this cooperation as it indicates a strategy for continued progress and development in the coming years.

“CARE HAS NEVER BEEN CLOSER”

Thursday, December 15, 2016 - 13:55

 

BEIRUT – GlobeMed Group celebrated its 25th Anniversary on May 26, 2016 at The Villa, Dbayeh under the slogan “Care has never been closer”. The prestigious gala dinner was attended by H.E Minister of Labor Sejaan Azzi, GlobeMed Group Chairman and CEO Mr. Mounir Kharma, board members H.E Minister of Tourism Michel Pharaon, and Mr. Roger Nasnas, in addition to distinguished guests including business partners from the insurance and healthcare sectors, presidents of Lebanese orders and syndicates, shareholders and board members of the GlobeMed Group companies and their General Managers, as well as prominent local and regional media. 

 

GlobeMed celebrated 25 years of commitment to taking care of healthcare, commemorating a journey of excellence in the health insurance industry. The event was not only an anniversary celebration, but also a platform to showcase the group’s achievements over the past years. GlobeMed has been consistently reaching important milestones in the health insurance market in the Middle East and Africa region, once again asserting its position as the leading healthcare benefits management group with 12 operations in Lebanon, Syria, Saudi Arabia, Kuwait, Qatar, UAE, Bahrain, Jordan, Palestine, Egypt, Iraq and Nigeriawith a teamexceeding 1000 employees.

 

GlobeMed has been providing state-of-the art solutions and services, reshaping the future of healthcare in the region with care management and technological advancements. In acknowledgement of the group’s excellence and professionalism, the sector’s specialists had honored GlobeMed with the Medical Administrator of the Year 2014 and Third Party Administrator (TPA) of the year 2015 awards.

 

“This event is intended to recognize and honor all those that contributed, over the years, to make GlobeMed a market leader, a position we intend to keep,” said GlobeMed Group’s CEO and Chairman, Mr. Mounir Kharma. “From the sentimental past, we derived experience and self-satisfaction.We now need to focus on the coming 25 years with the same courage to lead and the pride to serve.”

 

GlobeMed is the largest healthcare benefits management group in the Middle East and Africa, and the first organization to introduce a TPA model in the region. The companies within the group not only provide TPA services and solutions, delivered separately as unbundled solutions or as a complete package, they also offer actuarial, reinsurance support, international healthcare services, medical coding training, ambulatory benefits management services and pharmacy benefits management services as well as wellness and prevention programs focusing on patients’ needs.

Awareness and Insurance Cover Major Factors in Fighting the Disease

Thursday, December 15, 2016 - 13:53

 

Colorectal cancer (CRC) awareness takes center stage during the month of March. CRC is preventable if detected early, however sadly enough it is still the third most common cancer worldwide after lung and breast cancer affecting both men and women. As prevalence rate is rapidly increasing in certain regions, in Lebanon it is the second most common cancer among women and fourth among men.

Stemming from its belief in making a difference through awareness, GlobeMed conducted a study on colorectal cancer patients among GlobeMed Lebanon insured members. The importance of the study, covering the period 2010-2015, lies in determining the prevalence of CRC among insured members, and their demographic characteristics, namely age, gender and medical history. The study revealed an increased number of patients choosing early detection; thus more lives are saved.

The study identified 19,395 screened cases as IN and OUT patients during 2010-2015. Of them, 1,862 IN patients performed colonoscopy during 2010, only for the screening rate to record an increase of 4,121 insured members in 2013 and 3,209 in 2015. Consequently, CRC was diagnosed in 1,513 (7.80%) patients, as IN and OUT patients, compared to 17,822 (92.20%) benign cases.

Knowing that the barriers to CRC screening are related to cost and lack of health insurance, GlobeMed Lebanon provided its clients’ insured members with full coverage of CRC management, encouraging more patients to detect it early. As part of a diverse set of strategies, GlobeMed was involved in awareness campaigns related to lifestyle factors that may contribute to an increased risk of colorectal cancer including:

·        Lack of regular physical activity

·        Low fruit and vegetable intake

·        A low-fiber and high-fat diet

·        Overweight and obesity

·        Alcohol consumption

·        Use of Tobacco

 

As for the demographic characteristics of the IN patients, out of 903 positive colorectal cancer cases, 54.60% were men and 45.40% were women while most of the cases ranged between 50 and 69 years old.

Moreover, the study was able to demonstrate important medical history traits in connection with CRC where 30.23% of the positive cases suffered from previous diseases in the digestive system, whereas 7.6% had previous benign neoplasms, 5.09% previous malignant neoplasms and I.99%had metabolic disorders. Upon admission to hospital and during the whole study period, the mortality maintained a low rate totaling to 0.55% and the majority of patients needed one day treatment.

The study affirmed that colorectal cancer is a preventable cancer if detected early. Therefore if you are 50 years old, screening is essential. And if you experience any of the following symptoms: blood in stool, changes in bowel habits, unexpected weight loss, lump in abdomen, don’t wait to get screened. 

Thursday, December 15, 2016 - 13:27

 

It is no secret that good knees are an essential part of a healthy and active lifestyle. W.A.M, a 72 year old lady suffering from severe osteoarthritis since 6 years with severe pain, couldn’t lead a normal life anymore. Every simple activity turned into a struggle, from bending her knees to climbing the stairs.

Since Total Knee Replacement (TKR)surgery is reported to relieve pain and improve mobility, her doctor advised her to undergo the surgery. As a long time insured member serviced by GlobeMed Lebanon, she was confident that she could rely on the professionalism of GlobeMed team in the management of her case. She did the surgery and now she is back home to lead a healthy life, climbing the stairs and bending her knees and most importantly, she forgot all about the pain.

Knee replacements have emerged as a mainstream surgery.  In a study carried out by Dr. Helene Bekhazi, GlobeMed Lebanon Medical Director, on a selected population of insured members totaling 229,117 adherents during 2011-2014, 234 Total Knee Replacement surgeries were performed, with30% at University hospitals, compared to 152 within the period of 2005-2010 with 35% at University hospitals. The study shows an increase in demand within 3 years from 0.18% to 0.29%.

In 2012, GlobeMed Lebanon and its contracted insurance companies decided to raise the coverage of prostheses in particular from 2,000$ to 30,000$ which gave insured members better options and wider choices in choosing between the best prostheses. Consequently, this has left its positive marks on the outcomes of this surgery. Based on the study, most of TKR surgeries were performed on women above the age of 70 while men did the surgery above the age of 58. The average length of stay (LOS) was 7 days for both genders.

Dr. Bekhazi explained that the success of this surgery in Lebanon could be a major factor for this increase in demand. Another important factor is the outcomes rate: 0% mortality achieved during 2011-2014 compared to 0.6% during 2005-2010. In general, the total outcomes rate (infection, death, complication, and readmission) dropped from 12.5% during 2005-2010 to 11.6% during 2011-2014.

TKR operation is directly associated with complications such as anemia, infection, hemorrhage and hematoma. The study unveiled that infection rate dropped from staggering 4.0% to 2.6% during 2011-2014, while readmission maintained a steady rate with 1.3%.

As the market for TKR continues its growth in the years to come, the study performed by GlobeMed Lebanon shows the good results achieved reflecting positively on the insured members’ satisfaction and, most importantly, patients’ health.