Research a KSA healthcare law regulating the industry. Identify the stakeholders affected by the regulation and analyze the role the stakeholders play in the healthcare industry. Assess the regulation’s impact on the quality, cost, and access of healthcare in Saudi Arabia.

National Transformation Program 2020, or NTP for short, is a Saudi Arabian law that governs the healthcare industry. This program was developed to improve the quality of healthcare and reduce costs by focusing more on preventive health, increasing research, and improving access. This regulation affects the government, insurance companies, employees, physicians, hospitals, and others.

Through regulations like NTP, the government has a major role to play in setting healthcare standards. The government plays a key role in setting standards for healthcare delivery through regulations such as NTP. Patients gain from increased access to services, while service providers benefit from more training opportunities. Insurance companies gain a better understanding of risk management and a greater ability to control costs, while employers are rewarded for offering health insurance for their employees. Other parties, such as the manufacturers of healthcare products and services may be affected by increased demand.

NTP’s impact has so far been positive on Saudi Arabian healthcare, both in terms of quality and affordability. The quality measures improved because of better coordination among providers, which resulted in earlier diagnoses and treatment. At the same time, affordability was enhanced due to lower out-of pocket expenses for patients seeking medical care. Access has also become more accessible due to the availability of resources, especially for underserved groups who had previously been unable to secure medical care.