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Tag Archives: Medical insurance

KENYA: Half of Kenya’s medical insurers post 2016 losses

September 2017 Businessdaily; More than half of Kenya’s 32 medical insurance firms recorded losses totalling Sh621.64 million last year due to the high cost of healthcare and undercutting of premiums by some insurers, data by the industry regulator showed. The Insurance Regulatory Authority (IRA) said 20 out of 32 medical …

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KENYA: Kidney crisis emerges as dialysis tops NHIF claims

April 2017 BusinessDaily; The National Hospital Insurance Fund (NHIF) payouts for dialysis is the single largest claims, highlighting the growing cases of kidney ailments among Kenyans. Official records indicate that the State-owned insurer paid hospitals Sh839.9 million in the six months to December, up from Sh139.8 million in a similar …

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KENYA: State insurer pays out Sh1bn for C-section deliveries

April 2017 BusinessDaily; The National Hospital Insurance Fund’s (NHIF) payouts for Caesarean-section operations have for the first time crossed the Sh1 billion mark in a year, highlighting the cost burden of the procedure to insurers. Official records show that 24,492 mothers opted for C-section — a surgical operation to help deliver …

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KENYA:Medical insurers cry foul over huge hospital bills

April 2017 Standardnewspaper; Insurance providers in the medical field have raised alarm over huge losses they incur due to rising cost of claims by health providers. They say high medical bills are eating into their underwriting profits. According to figures from Insurance Regulatory Authority (IRA), the sub-sector has for the fourth time …

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NIGERIA: Lagos to Begin Health Insurance Scheme 2017

November 2016 PremiumTimes; The Lagos State Governor, Akinwunmi Ambode, on Monday said the much-awaited Health Insurance Scheme of the state would commence in early 2017. He expressed the government’s readiness to partner with key players in the sector to use insurance to grow the Gross Domestic Product (GDP) of Lagos. …

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