Nigeria-based health tech, roHealth has rolled out a free health plan coverage for small-medium businesses in Nigeria.
At the official launch of their partnership, CEO Olalekan Olude said, “We are a platform that gives employees greater decision-making control over their health insurance with cashback when it is not used. Employers use the platform by uploading their employees and setting a budget. Employees can choose from over 100 Health Plans from top HMOs in Nigeria.”
According to Olude, roHealth is on a mission to increase access to healthcare in Nigeria by providing free health insurance for a limited period. Because a lot of companies have little faith in HMOs and believe that it does not provide value to their employees, roHealth wants to provide opportunities for them to test it out.
Paycentre is one of the largest agent banking networks in Nigeria with over 80,000 agents scattered across the country. Connect Nigeria, on the other hand, is an online database with over 300,000 companies that offer information about businesses, real estate, technology, and more.
With this partnership, partners of Connect Nigeria can achieve their goals of providing Healthcare to their customers and staff, thus facilitating the spread of roHealth’s services.
Part of a statement by roHealth reads, “Nigerians have different health needs and budgets, but what we’ve realised from our partners is that partnering with one HMO excludes them from working with another. But working with roHealth as a partner creates that opportunity to be able to connect as many HMOs as possible by connecting to the roHealth APIs as a service”.
CEO Olalekan Olude is convinced that the future of healthcare Insurance would largely be a function of coverage funded by someone. “In most countries, healthcare is usually paid for by the government, through taxes or by the employer in part or in full, but a lot of Nigerians are exposed to zero healthcare coverage and this is because the channels through which they consume services haven’t thought about giving them healthcare to them or covering them as part of their customers or workers.”
His goal is to provide Nigerians with the opportunity to access healthcare coverage through whatever means, whether their employer or the informal sector.
Olude also revealed that roHealth has plans to partner with banks, retail shops, and businesses, among others, in a package that enables customers access to healthcare coverage after spending a certain amount within a month. “You buy stuff at Shoprite, based on some of the partnerships we are working on. Once you buy products up to a certain amount, Shoprite automatically covers your healthcare for that month.”
Any customer who meets the requirements is automatically covered for that month, without having to change their lifestyle or their spending.
Since its launch four months ago, roHealth has been used by over 500 businesses to make health coverage decisions.