Nigerian healthtech startup, roHealth will provide 80,000 agents of PayCentre, Nigeria’s foremost Agent Banking Services provider with access to affordable and high-quality health insurance plans on its platform
The partnership which was signed in December of 2021 is expected to commence with an initial pilot phase during which selected agents will be able to access health insurance coverage on the roHealth platform.
The initiative is projected to boost the productivity and performance of the ESL/PayCentre Agents by as much as 40% and ultimately increase sales and revenue for the organization.
This comes as an off-shoot of a recent partnership between roHealth and PayCentre in which agents of PayCentre and their loved ones will become beneficiaries of health insurance coverage from any of roHealth’s partner health maintenance organization (HMOs).
According to roHealth’s 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 save cost at scale.
As of 2018, about 97% of people surveyed in Nigeria did not have any health insurance. People with a health insurance mainly had an employer-based coverage, per Statista. The survey further privately purchased insurances were notably uncommon. In total, only about 3% of Nigerian resident had a health insurance.
"As organizations strive to scale and improve on their output, it is imperative that they put measures in place to create conducive working conditions for their staff. Employees are the life-wire of any organization, therefore providing them with health insurance tailored to their needs must be considered a priority. Not only does it reduce the number of sick days off work, it also saves the organization huge costs.", roHealth stated in a statement.
Since its launch, roHealth has enabled over 500 business to make health insurance decisions, including notable brands like: Konga, Paga, Jobberman.