Nigerian health technology start-up, roHealth, will provide 80,000 agents of PayCentre, Nigeria’s leading agent-based banking provider, access to affordable, high-quality health insurance plans on its platform
The partnership which was signed in December 2021 is expected to begin with an initial pilot phase during which selected agents will be able to access health insurance coverage on the roHealth platform.
The initiative is expected to increase ESL/PayCentre agent productivity and performance by up to 40% and ultimately increase sales and revenue for the organization.
This follows a recent partnership between roHealth and PayCentre in which PayCentre agents and their loved ones will become beneficiaries of health insurance coverage from one of roHealth’s partner health maintenance organizations. (HMO).
According to roHealth Founder, Olalekan Olude, the partnership is in line with the company’s vision to democratize health coverage in Nigeria by giving beneficiaries greater decision-making control over their health insurance while helping businesses reduce costs at large scale.
In 2018, about 97% of respondents in Nigeria did not have health insurance. People with health insurance mostly had employer-based coverage, according to Statista. The survey also concluded that insurance taken out by individuals was particularly rare. In total, only about 3% of Nigerian residents had health insurance.
“As organizations strive to increase and improve their output, it is imperative that they put measures in place to create conducive working conditions for their staff. Employees are the lifeblood of any organization, thus providing them with health insurance tailored to their needs should be considered a priority. Not only does this reduce the number of days lost from work, but it also saves the organization huge costs,” said roHealth said in a statement.
Since its launch, roHealth has enabled more than 500 companies to make health insurance decisions, including notable brands such as: Konga, Paga, Jobberman.