Browsing: NHIF

• Prostate cancer patients covered by the National Hospital Insurance Fund (NHIF) can now access an innovator prescription drug manufactured and distributed by Janssen Kenya
• The prescription drug, Abiraterone Acetate used for the treatment of advanced prostate cancer will be made available to NHIF members within their existing benefits package
• NHIF Chairperson Lewis Nguyai described the partnership as a landmark development that will help boost the local access to innovator drugs

Prostate cancer patients covered by the National Hospital Insurance Fund (NHIF) can now access an innovator prescription drug manufactured and distributed by Janssen Kenya, one of the pharmaceutical companies of Johnson & Johnson, as part of strategic development to expand access to quality treatment regimes in Kenya.

Following the signing of a joint Memorandum of Understanding (MoU) between NHIF and Johnson & Johnson Middle East FZ-LLC (Janssen Kenya), the prescription drug, Abiraterone Acetate used for the treatment of advanced prostate …

The epidemic has solidified long-term paradigm adjustments. Second, the desire for online transactions is on the rise, which is a powerful demand driver for both consumers and businesses. As new, non-traditional insurance providers enter the market, insurers must offer digital engagement at all touchpoints.

Insurance businesses in Africa have reason to be optimistic, though, given the region’s strong economic growth. Unfortunately, the recovery has not yet been reflected in their general trajectory due to a variety of reasons.

The entry of more insurance companies into the market and the resulting decrease in premium rates are at the top of the list of those considerations. In addition to the drop in investment returns, insurers have seen a decline in their financial standing.

Furthermore, traditional insurers have been slow to adopt new technologies in the current era of digitization, which has been to their detriment. With the use of digital technology, insurers …

The medical insurance industry in Kenya is exploding taking advantage of a growing digital sphere to introduce affordable covers. Carepay, the innovative medical insurance company with a presence in Kenya, Nigeria, and Tanzania is leading this effort with several partnerships aimed at bringing costs down. 

The industry is still on the lookout of a replacement for affordable medical cover that will meet the needs of the majority while supplementing the government-provided cover. In 2015, Linda Jamii, a famed medical cover outfit by Safaricom and Britam Kenya collapsed after it was discovered it was not making much business sense to the companies. What followed was a huge uproar with users unable to find an alternative cover.  

In this, the industry has been on the lookout for a cover that meets the interests of the underwriter as well as those of the users.  

Recently…

Little Ride Kenya has launched the first Health Insurance covers for its drivers in the Kenyan market in partnership with APA Insurance and MicroEnsure, a leading provider of micro insurance in emerging markets.

The cover will cater for costs such as payment of their medical bills, transport to hospital, compensation for lost income, in addition to cover for funeral expenses.

Little Ride drivers who are unable to work due to being hospitalised claim a daily benefit of up to Sh2,000(US$19.41).

In addition, the product also covers up to Sh50,000(US$485.20 ) personal accident benefit and funeral expenses up to Sh50,000 upon death of the insured.

Speaking during the official launch of the automated insurance solution, APA Chief Executive Officer, Catherine Karimi said:“Through our partnership with MicroEnsure and Little Cab, APA Insurance is bringing affordable healthcare and funeral cover to Little Cab drivers.  By offering access to these services, we improve the …