You are probably seeking answers to how much is health insurance in Nigeria because you are yet to enrol for one and are wondering how affordable and effective it is.
Although, while health insurance scheme is not currently a popular thing in Nigeria as data from STATISTA shows us that 96.6% of Nigerian Male and 97.4% of Females are currently not enrolled in any health insurance scheme, it won’t be a bad idea to get a health insurance cover in Nigeria given the poor state of government-provided medical services, the poorly equipped hospitals, the presence of ill-motivated government doctors, and the growing number of recorded health cases/outbreaks such as cholera, increased number of Malaria/Typhoid cases, and even the second wave of the Covid-19 Virus.
CNBC Puts it in a clearer perspective when it said: “When it comes to health care, Nigeria is falling short compared to its comparable African neighbours in terms of expenditure and access”. For Instance, Nigeria spends just 3.89% of its $495 billion GDP (gross domestic product) on health care compared to 8.25% in South Africa and 5.17% in Kenya.
Find below more concise Data from STATISTA in tabular form.
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This gives you a clue into the current state of health care service delivery especially in Public hospitals In Nigeria.
So, Is it worth to Buy Health Insurance?
Speaking from the perspective of a medical counsellor, purchasing a health insurance plan can help you get the medical care that is in line with your budget. Health Insurance plans today offer better and affordable services than mere hospitalisation expenses especially in Nigeria with a dilapidated health system.
How Much Is Health Insurance In Nigeria?
Health insurance cost in Nigeria largely depends on the plan you are opting for which includes the anticipated medical conditions or the pre-existing conditions. For instance, currently, monthly & quarterly individual plans range between ₦3,500.00 to ₦17,750.00. The elderly Pre-existing condition plan is ₦8,000.00
In the preceding paragraphs, I will outline a more detailed breakdown of the cost of enrolling into a health insurance programme in Nigeria plus the complete services you will enjoy in all the various plans.
What Agency Offers The Best HMO Service In Nigeria?
Although many health insurance organizations are starting to spring up in Nigeria as a result of the yearnings of Nigerians for good and affordable healthcare delivery, yet, I will never vouch for all of them.
From my personal experience and also detailed research, I will recommend Reliance HMO. Apart from having the widest hospital coverage in Nigeria, reliance HMO offers one of the most affordable and most comprehensive health insurance packages in Nigeria.
In the preceding paragraph, I will make a list of the RELIANCE HMO’s packages as well as the services in them plus their prices.
HMO Packages & Costs.
1. Individual Packages.
The Reliance HMO individual package comprises of two Plans namely:
- The RED BERYL INDIVIDUAL Plan
- The ALEXANDRITE INDIVIDUAL Plan
The RED BERYL INDIVIDUAL Plan Comprises of:
- Combined medical cover of ₦1.2 Million naira in a single year.
- ₦150,000 limit for 9 different surgeries available per year
- Unlimited chats and phone calls with medical doctors
- Free drug pick-ups from the nearest pharmacy to your home
- Roam across 805 tier 4 hospitals
- Pay zero naira for hospital registration fees
- 3 sessions with specialist doctors per year*
- 3 sessions with a pediatrician per year*
- Immunization for children
- Ambulance services – roadside to hospital*
- Primary dental care*
- ₦15,000 limit for eye care per year*
- 1 gym session weekly*
- Hospital accommodation for — 20 days per year*
- Hospital ward care – general ward*
- Instant access to healthcare*
With this individual plan from Reliance, you can also input How Many persons you want to buy the insurance cover for. Click here to see the latest Price On the Reliance HMO website.
The ALEXANDRITE INDIVIDUAL Plan On the hand comprises of:
- Combined medical cover of ₦1.8 Million naira in a single year.
- ₦300,000 limit for 14 different surgeries available per year
- Unlimited chats and phone calls with medical doctors
- Free drug pick-ups from the nearest pharmacy to your home
- Roam across 981 tier 3 & 4 hospitals
- Pay zero naira for hospital registration fees
- 5 sessions with specialist doctors per year*
- 5 sessions with a pediatrician per year*
- Immunization for children
- Ambulance services – roadside to hospital and between hospitals*
- Primary dental care + scaling & polishing*
- ₦25,000 limit for eye care per year*
- 2 gym sessions weekly*
- Hospital accomodation — 30 days per year*
- Hospital ward care – semi private ward*
- Instant access to healthcare*
While this look similar to the RED BERYL INDIVIDUAL Plan, it is slightly different in term of the size of all the services featured therein. Just as the RED BERYL INDIVIDUAL Plan, you can also indicate the total number of persons you want to register into this individual plan. Click here to see the latest price on Reliance HMO.
2. For Pre-Existing Conditions
The Reliance HMO Pre-existing Condition Package is particularly good for your elderly ones/Your parent. With this pre-existing condition coverage, treatment, tests and drugs for selected conditions such as Hypertension, Diabetes, Arthritis, and peptic ulcer are covered from the moment you buy the plan.
Click Here to See the Latest Price On The Reliance HMO Website.
3. Family Health Insurance Plan.
This is a comprehensive package you can key into in order to keep yourself and your loved ones safe. You can click here to see the current cost on the Reliance HMO website.
What Other Services Make The Health Insurance Great?
As I have mentioned earlier, I highly recommend health insurance in Nigeria over public health care because the odds are really against public health care service delivery in Nigeria.
Below are some other reasons I highly recommend a health insurance program:
Chat with a Doctor work.
This is one of the add-ons that make health insurance plans, especially with Reliance HMO great. This little service can never be offered in any public hospital in Nigeria. With this, you have the opportunity to discuss personal medical issues with your assigned doctor and be rest assured you have answers waiting for you.
No Location Barrier.
Unlike the traditional healthcare system in Nigeria, Private health insurance organizations have overcome the location barrier to quality healthcare delivery. You can practically get attended to in any hospital in Nigeria that is registered with your choice Health Insurance organization no matter what state they are located in.
Best Health Insurance In Nigeria
When it comes to health insurance in Nigeria, there are so many options to select from. And usually, in Nigeria, the best health insurance is not the one that does the most paid advertising, but one with good medical facilities and lots of benefits/insurance plan.
In the proceeding paragraphs, I will outline the best health insurance in Nigeria and some reasons they have made the list.
Would you like to discuss your options first with a health counsellor before proceeding with purchasing a health insurance plan suitable for your need? You may contact us Now
