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Two Problems, One Solution: How Fintech is Boosting Access to Banking and Insurance for Domestic Workers in Mexico
More than 2 million domestic workers in Mexico go unseen by the formal financial system – they don't pay into a pension or social security system, and remain unbanked and badly underserved. Mexican fintech startup 4UNO is serving this hard-to-reach segment with an innovative banking and insurance product delivered through their employers. BFA's Gabriela Zapata explains how 4UNO is avoiding the pitfalls traditional financial institutions have faced in working with low-income clients.
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- Finance, Health Care
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Two-Sided Mobile Platform Creates ‘Network Effect’ to Help Patients, Health Clinics
The private health sector, where a large percentage of people in developing countries seek care, is fragmented and marked by poor quality and high prices. Two interlinked programs conceived by a group in the Netherlands – M-TIBA and the Medical Credit Fund – are attempting to address this problem at large scale. Both have achieved remarkable growth within a short period.
- Categories
- Health Care, Technology
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India turns to private sector to boost health coverage
India’s new New Health Policy 2017, the first issued in 14 years, takes a sharp turn toward embracing the private sector in its aim to achieve universal health coverage. The government will seek to plug gaps in service for its 1.2 billion people through “strategic purchasing” of care from private facilities and clinics.
- Categories
- Health Care
- Region
- South Asia
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A market for mental health insurance?
Mental health is a subject often not spoken about voluntarily, except by professionals in the field. Mental health insurance is even further from the discussion. There is a shortage of service providers as well as services. Several barriers deter the progression of mental health services in low- to middle-income countries like India, including inadequate funding, concentration of services in urbanized centres, lack of integration with primary care services, and lack of experience and training among mental health professionals.
- Categories
- Health Care
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Microinsurance penetration set to increase in Tanzania
In March Jamii, a local start-up offering micro-health insurance services, announced ambitious plans to expand into East and Central Africa this year.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Health Insurance Collections Jump Over a Fifth in a Year
From specialised packages to lifelong cashless cover, more and more Indians are buying health insurance products.
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- Health Care
- Region
- South Asia
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This Swedish Startup Brings Insurance to 24 Million People in the Developing World Through Their Mobiles
Mobile insurance startup BIMA has signed up 24 million customers across Africa, Asia, and Latin America, according to its deputy CEO.
- Categories
- Entrepreneurship, Health Care, Technology
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An African Trailblazer in Healthcare Services
Standing outside her home in central Rwanda, 19-year-old Ernestine Ituze describes falling ill last year. She was coughing violently and had lost her appetite. A community health worker diagnosed tuberculosis and Ituze was treated at the nearby government hospital, a few kilometres down a red dirt road lined with banana and mango trees. A few months later, she is healthy and continuing her studies to be an accountant.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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