Safaricom-owned mobile health platform M-TIBA has announced a new partnership with Jubilee Health Insurance to provide health insurance to over 3,000 lives via their Group Micro Health Product.
The product launched in April 2021 has greatly benefited over 45 SMEs across Nairobi, Kisumu, Meru and the Mt. Kenya regions.
The quick uptake has been made easier through the M-TIBA platform where users can conveniently view their health covers and track their insurance spending via their mobile phones.
“I am very proud to see the strides this partnership has made in just 11 months. Together with our partners Jubilee Health Insurance, we have been able to provide affordable insurance services to over 45 SMEs and Sacco’s across the country,” M-TIBA MD Moses Kuria said.
“From this, we can see the increased interest in this product which blends well with our mission to positively impact more Kenyans.”
The partnership has seen both M-TIBA and Jubilee Health insurance work closely with over 600 insurance providers with a goal of achieving steady growth across the country with an overall goal of providing affordable insurance solutions to Kenyan SMEs.
“It’s very satisfying to see more SMEs and SACCOs invest in health insurance measures which have largely been driven by affordability and overall improved healthcare services across the board,” Said Dr. Patrick Gatonga, Senior Executive at Jubilee Health Insurance.
M-TIBA is a health financing and technology platform that connects the most important stakeholders to improve healthcare access and affordability.
The digitization of these processes is driving an increase in access and a decrease in operational costs. M-TIBA gives scheme administrators a detailed view of how healthcare is being utilized and paid, thereby informing better decision-making on health investments, epidemic responses, and quality of care.
ALSO READ: Equity named fifth strongest bank globally