The period of registration shall be one calendar year. The license shall be renewable under an application submitted 30 days prior to the expiry date of the license enclosing the following documents:
A list of the TPA’s Director, officers in charge, as applicable, key professional staff and authorized signatories.
A list of businesses conducted by the TPA during the year.
A list of Insurance Companies and Medical Service Providers contracted by the TPA when applying for the license renewal and the expiry date of each agreement.
A proof of payment of the prescribed fees in accordance with regulations and instructions issued in this regard.
The Health Insurance Third Party Administrator shall provide the Director General with the duly audited closing financial statements for the fiscal year within two months of the end of the fiscal year.
The fiscal year shall start on January 1st and end on December 31st of each year, provided the financial statements of the Company shall be prepared in UAE Dirham