Health Insurance in Kenya

Medical bills should not worry you. We have some great health cover plans with amazing perks, for everyone. Feel free, be picky! Choose the one that suits your needs.

Enjoy medical benefits with flexible packages for yourself, family, groups and the self-employed.

Kenya’s healthcare system is a combination of government-funded public services, services s. Kenya has not yet achieved universal healthcare. However, the government is making progress on its primary goal of expanding universal healthcare coverage on key services.

1. Why Health insurance in Kenya Matters

   Is there any good argument against the fact that your health is your single most important asset in this life? Good health is such a foundational matter in life since without good health, it becomes difficult to achieve any important goal. This simple, yet profound fact is the driving force behind an ever growing health insurance sector not just in Kenya, but the entire world in general. So, what are the most significant reasons why you need to consider health insurance for yourself, your family, and your dependents?

   1. Health is irreplaceableUnlike the vast majority of things in life, health is one of the truly irreplaceable aspects. A lot of attention is currently dedicated to encouraging healthy life habits because doctors have known that it’s better to keep in good health rather than to try fix it once broken. Some of the key sources of threats to our health include hereditary illnesses, communicable diseases, and lifestyle diseases. In addition to these threats, there is also always the risk of accidents occurring, accidents that may have short or long term implications to our health. In all these cases, a good health insurance policy can be the help we need should our health start failing.
   2. It’s affordableThe number of people taking up health insurance in Kenya has been on the rise. Two key trend are responsible for this. First, more companies are bundling health insurance as one of the benefits they give their employees. This is in effect increasing the number of Kenyans with a health insurance cover. The second trend is the emergence of low cost health insurance policies that offer basic cover for policyholders. The low cost covers are in line with the hugely influential role SMEs are playing in the Kenyan market. As such, the cost of medical insurance is affordable because there is always a policy that can meet the health needs of any person in the country.On a different note, the affordability of a health insurance kenya should be evaluated against the value of one’s health. It turns out that what may seem expensive at first, is actually an affordable component of the health insurance..
   3. It earns you a tax reliefThe Kenyan tax procedures assures you of a tax relief of 15% on the premiums you’ve paid per annum. This goes to bring down the cost of medical insurance by that much. If you spend Kshs 50,000 on premiums for a health insurance policy in one year, then you will get a tax relief of Kshs 7500.

2. How to Choose a Health Insurance Policy

   How do you arrive at an appropriate decision regarding the type of health insurance policy you should buy? If this question is currently bothering you, then you are the perfect person to see this. The choice of a medical insurance policy is an important one. It has implications relating to the type of care you can access. It will also have an impact on the limits of care you can access. Here are some of the key factors that you need to consider.

   1. Needs assessmentFirst carry out a needs assessment to see what you are looking for. When we speak of needs, we mean your needs and those of your dependents. Your needs will mostly be defined by your current state of health, which will have an influence on how frequently you need medical attention. The type of care you will need is also a good consideration to make.
   2. BudgetThe next thing you need to look at is your budget. How much are you willing and able to spend on health insurance? While someone would feel safest having all the benefits a medical insurance policy can buy, spending too much money on one item can compromise your financial plans, especially of you have many dependents. In this case, make a decision on how much you can spend on health insurance based on your needs and based on your capacity. The whole point of this exercise is to make sure that you get the best possible deal for your budget. At times, the cost of a policy is not always an indicator that you are buying a good policy.
   3. Benefits assessmentThirdly, with actual policy documents, assess the benefits associated with each policy. Compare the limits of each policy to see just how much would be available to you. In addition, look at the complete list of benefits provided by each of the policies you are considering. It is wise to pick policies whose benefits match your needs as closely as possible.
   4. Company choiceFinally, decide on your preferred insurer. It’s a reality that some health insurance companies have better products and customer service than others, even of their policies may be more expensive. Finding a company that fits within your needs is the important thing in this situation.Once you have understood what your needs are, compare the policies available, assessed the benefits of these policies, and finally you have settled on a provider, then and only then, are you ready to buy health insurance.

3. Things You Need to Know When Considering Insurance in Kenya

   Nearly all international citizens in Kenya opt to carry private health insurance. While the country has many good hospitals, the overall standards of comfort and cleanliness fall short of what expatriates are used to. Opting for private coverage means shorter wait times to see specialists and being treated in more modern facilities.