July 11, 2020 All Things Fintech in Africa

GTB Launches Beta Health Insurance

 

For a fee of 500 Naira monthly, customers can subscribe to the GTB’ Beta Health Insurance. Guaranty Trust Bank had launched the low-financing health product last week, which offers subscribers access to basic and essential health services such as; general consultations, treatment for malaria, Ante Natal care, among others.  During its launch, the emphasis was on the need of a low-cost insurance product was to give inclusion to the more than 90% of Nigerians who don’t have or can’t afford any insurance scheme. In response to this, Beta Health Insurance is GTB’s latest innovative product to bridge the gap.

However, users can simply dial *737*52*500*50# on their mobile phones to be signed up on the package within minutes.  Upon subscription, customers can gain access to over 1,000 hospitals nationwide and get attended to for select medical cases, at no out-of-pocket cost. There are, on average, at least 5 healthcare centers in every local government area under the Beta Health coverage, and the plan also allows for subscription on behalf of a third-party; such as relatives, domestic staff, contract workers and employees of small businesses. This offers an efficient solution for access to basic healthcare services for people in every part of the country and across all works of life.

In a statement made by the Managing Director and Chief Executive Officer of Guaranty Trust Bank plc, Mr Segun Agbaje, said:

“We are delighted and proud to launch this healthcare initiative which we believe will have a tremendous impact in people’s lives. Beta Health is more than just a banking product, it reflects our passion for enriching lives and commitment to expanding access to the essential services which everyone needs to thrive. For us at GTBank, this is just the start. We will continue to build on Beta Health to provide greater access to more robust and comprehensive healthcare plans that serve the pressing needs and fit the lifestyle of our customers and people in the communities where we operate.”

Read also: https://thefintechafrica.com/news/gtbank-will-win-the-war-within-the-digital-payment-space-agbaje/

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