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Insurance will solve healthcare problems

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By Okunloye Abiodun

Nigerians will be protected by insuring funds to meet their medical expenses.

During a three-day meeting of the Second Board and Management of ProHealth, Health Management Organization (HMO) held in Nasarawa, Maureen Allagoa, the Managing Director and Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF), revealed the importance of insurance as a key component to solving the numerous obstacles confronting the healthcare system in the country. Allagoa maintains that the relevance of it in Nigeria cannot be overstated because it mitigates the effects of the sector’s recurrent underfunding.

Speaking at the event, titled “Nigeria Health Insurance Ecosystem: The Place of ProHealth HMO Limited,” he said that it would protect Nigerians from financial bankruptcy by guaranteeing a pool of funds to meet their medical expenses. He remarked that the organization is responsible for serving as a pathway between Nigerians and the care providers by coordinating the supply of these essential services, given that it has a network of over 800 medical providers, over 50,000 people who are enrolled and one million successfully trained individuals.

Lack of funding, low coverage and facilities impedes the sector.

Chris Ngige, the Minister of Labour and Employment, said that the gathering was an opportunity for everyone to talk about problems in the Nigerian health insurance sector and offer the best potential solutions. The Minister, who NSITF Board Chairman Chief Emmanuel Nwosu represented, said everyone understands that the sector has suffered over the years, such as not having enough funding, low coverage, and lack of facilities. Because of these problems, it’s hard for many Nigerians to get good, affordable health care. But the rise of HMOs has helped close the gap in a significant way.

ProHealth HMO has been at the forefront of providing access to quality care for Nigerians by partnering with healthcare providers to provide affordable services to its enrollees. The retreat presents an opportunity for them to deliberate on the challenges faced by the insurance sector in providing affordable services and how ProHealth HMO can continue to innovate and provide quality services to its enrollees. He urges the retreat participants to be open-minded and committed to finding practical solutions to the challenges.

Social security usage will enhance personal care distribution.

Similarly, Prof. Gabriel Okenwa, Chairman of the Board of Directors at ProHealth, said that one of the approaches to make sure that Nigerians have access to good health care is to put social security first. Okenwa says this is to let the world know they’ve grown up and are prepared. He points out that appropriate medical and services for Nigerians are ensured by the provision of the constitution of Nigeria section 17, amended in 1999. Social security is the only way to make this goal come true. On top of this, NSITF is in charge of social security as the first social security organization.

However, it costs a lot to maintain a fully functional system with modern medical facilities. One of their subsidiaries, the ProHealth HMO, is leading the charge in implementing the social insurance scheme supported by the International Labour Organization (ILO). He declared that all Nigerians are strongly encouraged to adopt and subscribe to this strategy, as it is the key to establishing an economically viable, publicly accessible, and universally available delivery system in the nation. This is the best course of action regarding Nigerians’ general well-being.

All citizens need to have access to health insurance.

The government has ensured that all Nigerians have access to excellent healthcare at an affordable price by mandating this insurance for all citizens, especially for every worker and employer in the commercial and private sectors, under the Nigeria Health Insurance Authority (NHIA) Act of 2022. Similarly to its parent company, NSITF, a pioneering social security organization in Nigeria and Africa, ProHealth occupies a pivotal position in the Nigerian health insurance ecosystem as a top maintenance company.


Related Link

NSITF: Website

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AN-Toni
Editor
9 months ago

Insurance will solve healthcare problems.Nigerians will be protected by insuring funds to meet their medical expenses.Express your point of view. 

Abusi
Abusi
Member
9 months ago

Insurance is a very good strategy for ones security for life and properties. When it comes to health, once we have health insure it will help us to provide for necessary means to solve any health challenges if the need arises in the future.

Iyanu12345ogg
Iyanu12345ogg
Member
9 months ago

Insuring funds to meet medical expenses in Nigeria is critical to protecting the citizens. It provides security, helps bridge the gap in healthcare accessibility, and reduces the burden on the government. Therefore, it is imperative that insurance companies and the government work together to make sure Nigerians have access to quality healthcare without worrying about the financial burden.

Haykaylyon26
Member
9 months ago

This is a nice solution to solve health care problem if there is health insurance it will serve provision to all thing they need to take care of their health all medical expenses will be covered

Kazeem1
Kazeem1
Member
9 months ago

Insurance will stop healthcare problem the insuring fund to cover medical expenses a good treatment will be given since the insure fund is to be pay for the treatment then won’t be issue of no money no treatment

Taiwoo
Taiwoo
Member
9 months ago

Insurance companies working with the government is great. Cause insuring the healthcare service is the perfectly solution to the healthcare problem which insurance is to provide a guarantee of compensation for specified illness, or death in return for payment of a specified premium.

Last edited 9 months ago by Taiwoo
Tonerol10
Tonerol10
Member
9 months ago

Insurance will solve healthcare problem. It will help to reduce the rate of health challenges in Nigeria. Insurance is very important for everyone

Adeolastan
Adeolastan
Member
9 months ago

Health Insurance will help to solve some healthcare challenges that many people are facing. It will reduce the amount of the person involved were to pay. And Also help you to overcome some problems