The Insurance and Social Welfare Supervisory Authority (ACAPS) has decided to carry out a strategic study to reassess and modernise the mutual insurance sector in Morocco.
The study, both a diagnosis and a roadmap for the future, will lay the foundations for an overhaul of the mutual insurance sector, taking into account the legislative, organisational and financial challenges faced, according to local media reports. The review will focus on the role of mutual insurers in spreading universal health coverage. It will also offer recommendations on how to modernise the sector.
Mutual insurance in Morocco, long governed by traditional practices, is facing new challenges. The gradual implementation of universal health coverage requires a redefinition of the roles and responsibilities of mutual insurance companies, which must now adapt to a rapidly changing legislative and health framework. Mutual insurance plays a central role in the country's health system and social risk coverage.
Approach to the study
The study will be undertaken along three main axes:
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Taking stock of the mutual insurance sector, by analysing its legal and regulatory frameworks, internal organisation, as well as financial and social practices. Emphasis will be placed on the challenges encountered by mutual insurance companies, particularly in terms of governance, quality of services and financial sustainability.
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Benchmarking against international practices and other mutual insurance systems in similar or more advanced countries. This comparative analysis should make it possible to identify best practices that could be adapted to the Moroccan context.
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Proposing scenarios for the evolution of the sector, with an emphasis on the reforms to be carried out within the framework of the draft mutual code. Recommendations concerning the improvement of services, the broadening of the scope of action of mutual societies, and the optimisation of governance will be formulated.
This study should result in a strategic project, accompanied by a detailed implementation plan.
The mutual sector in Morocco currently comprises 28 entities, representing various branches of health and social services. In 2022, it had nearly 1.5m members and 3.2m beneficiaries, with annual contributions exceeding MAD2.5bn ($250.6m).