State company
Aasandha Company Limited
In the news, last 90 days
Society
Heartbroken mother pleads for son’s survival after state healthcare aid abruptly ends
Afrah Farhad, 30, was left disabled by decompression sickness after a fishing incident on July 11 and has undergone treatment at ADK Hospital and then KIMS Hospital in Kerala, India, after his Aasandha coverage was cut off. His mother, Salma Solih, is pleading for help to fund his continued neuro-robotics rehabilitation, with the family paying all medical bills themselves since October 29.
Economy
Health allocation rises 4.5 per cent in proposed 2027 budget
The proposed 2027 budget allocates USD 652.57 million to the health sector, a 4.5 per cent increase over projected 2026 spending, covering ministry operations, hospitals, Aasandha and NSPA costs. The proposal also provides USD 38.10 million for health-sector projects under the Public Sector Investment Programme, including laboratory expansion and hyperbaric chambers.
Health
High income earners to face 15% Aasandha co-payment from January 2027
The Ministry of Health, Family and Welfare announced that from 1 January 2027, people earning more than MVR 60,000 a month must pay a 15 per cent co-payment for Aasandha-covered services at private registered providers, while government facilities remain exempt and certain professional groups are exempted regardless of income. President Dr Mohamed Muizzu said the reforms are expected to save the State budget about MVR 287 million a year, to be redirected to other essential needs and social development.
Health
Aasandha Shifts to Income Based Coverage From October
President Dr Mohamed Muizzu announced that Aasandha, the Maldives' national social health insurance scheme, will move to an income-based model from October, removing 100 percent coverage for those earning above MVR 60,000 a month. The reform is projected to save the State MVR 287 million a year, which will be redirected toward other public services and national development priorities.
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