NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, December 30, 2016

The advent of online health insurance system in Nigeria by AVON HMO promises to change the Nigerian health sector for good.

Despite the enormous benefits of health insurance to a society, especially to low income countries where healthcare is still being paid from out-of-pocket, there remains apathy in accessing the healthcare scheme, which was designed to take medical financial burden out of the citizens.

For Nigeria, healthcare players say only about four per cent of Nigerians are on health insurance even though legislations have been made to encourage Nigerians and stakeholders to take advantage of the system, which ordinarily should help provide better healthcare experience.

The birthing of several Health Management Organisations (HMO) in the country has also not helped in increasing the number of Nigerians and organisations who should key into any health insurance plan.