Why Value-Based Healthcare Is the Future of GCC Healthcare?
Host Spotlight: Mohamed Ali Ibrahim, ASA, MSC & Moe R. Elsheemy
Mohamed Ali Ibrahim, ASA, MSC serves as Vice Chairman of The Arab Actuarial Society - (‘AAS’). He is a senior actuary with extensive expertise across insurance and reinsurance, specialising in actuarial modelling, product development, strategic planning, risk management, and profit optimisation. He is a Life Leader & P&C Reserving and Capital Leader - Middle East, Insurance Consulting & Technology and Director - Actuarial at WTW, where he leads actuarial initiatives across the Middle East.
Moe R. Elsheemy is the Vice President of The Arab Actuarial Society - (‘AAS’). He is also an actuarial and analytics professional with expertise in modelling, data-driven strategy, digital and analytics solutions, and health and social care. He is a Senior Modelling Consultant at Crystallise Ltd, with extensive involvement in the Institute and Faculty of Actuaries and a particular interest in life and health insurance, healthcare financing, social care, and long-term care funding.
Here are the 3 Key Takeaways from our Conversation:
1. Value-Based Healthcare Is No Longer Optional
Saudi Arabia and the wider GCC are moving decisively away from traditional fee-for-service healthcare toward value-based care. Omar explains that this transition isn't simply a payment reform, it's a complete redesign of how healthcare is financed, measured, and delivered. For actuaries, this presents an opportunity to shape healthcare policy rather than merely respond to it.
2. The Future Actuary Must Be More Than a Technical Expert
Technical expertise alone is no longer enough. Successful health actuaries will need strong communication skills, proficiency in data analytics and AI, regulatory knowledge, and the ability to collaborate with clinicians, policymakers, and healthcare executives. Those who can translate complex analysis into strategic business decisions will lead the profession.
3. Saudi Arabia Could Become a Global Healthcare Financing Model
Saudi Arabia's healthcare reforms have the potential to become a blueprint for emerging markets worldwide. If the Kingdom can demonstrate measurable improvements in patient outcomes, lower healthcare costs, and stronger preventive care through value-based healthcare, its model could influence healthcare systems across the GCC, Asia, and Africa.
Listen to the full episode of When Health Freezes Over now!
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