"Healthcare costs are a leading cause of bankruptcy and financial distress for families. Health insurance is the most powerful tool we have to prevent that." - Dr. Vivek Murthy, former Surgeon General of the United States.
Health insurance is an unpopular topic in Nigeria. This is primarily because many Nigerians do not know how much value it offers them, especially over the long run. No doubt, the cost of healthcare in Nigeria is on the high side, and not everyone would be able to cover these costs at once. This is why health insurance is important for you in Nigeria.
This is Nigeria, what more reasons can there be for you to be health insured as early as possible? Find out below.
1. To Fight Lifestyle Diseases
Nigeria is a country where people are known to engage in hard labour, and other strenuous jobs. Oftentimes, people get so engrossed with work or activities that define their lifestyle and cause adverse effects on them. Notably, these lifestyles are prevalent among young people (<45); some include unhealthy eating habits, stress, etc.
Most times, diseases associated with unhealthy lifestyles are chronic and deadly, and expensive to cover at once. This is why you need to have health insurance in Nigeria.
2. To Support Insufficient HMOs From Work
Several companies and businesses in Nigeria offer HMOs to their staff. But most of these health insurances cover only basic medical costs, which can be insufficient in times of need– especially for people who have hereditary illnesses.
Check your work’s HMO plan to see what it covers and if it will actually suit you. Remember that you don’t need to save up so much for an HMO plan, as you can easily get an affordable one that fits you and your loved ones perfectly. For instance, you can get an HMO plan for as low as ₦1,800.
3. To Avoid Increasing Medical Expenses
As time passes, medical costs will most likely increase, and this may be so much to your disadvantage. Health plans allow you to take care of your health with lower payments, despite the inflation. This way, you can accumulate more wealth without worrying about your health. This is why health insurance is important for you in Nigeria.
4. Early Health Insurance Is Cheaper
You are more likely at an advantage when you buy a health plan at an early age. This is because you may be eligible to get plans for lower than the usual rates, and gladly, this benefit continues for as long as possible. You may also get wider coverage choices. Imagine getting access to quality healthcare at really low costs in Nigeria. You should consider getting one now.
5. To Protect Your Finances
Personal finance is a tricky subject in Africa, especially Nigeria, because of how sensitive the country’s economy is. An unexpected illness can cause you to spend most or all of your savings. It can crumble a working financial plan or lifestyle, or business. But a low-budget monthly commitment to an HMO can save you from losing your funds to highly expensive treatments.
6. To Avoid Further Catastrophes
Little sicknesses, if untreated, can cause more harm over time, beyond the patient. They can lead to fatality, throw the family into despair, and halt ongoing projects and activities. Some people often fall neck-deep into dangerous debts while trying to raise funds for medical treatments. This is one reason why a suitable health insurance coverage is important for you in Nigeria, so you can live and lead a happy life.
Quick note: Many insurance policies have a waiting period during which they do not cover any pre-existing medical conditions that the policyholder may have. This waiting period is intended to prevent people from only purchasing insurance after they are already sick or injured, which would lead to higher costs for the insurance company. But after the waiting period is over, the policy will begin to cover these conditions.
What We Have For You On Health Insurance
We understand that good health is a priority to you and your loved ones, so we partnered to roHealth to give you the best and most affordable health insurance packages. We have packages that cost as low as ₦1,800 and cover health costs of up to ₦50 million.
All you need to do is to log into the Kyshi app, click on “Connect", and select a suitable package for yourself and loved ones from the “Healthcare” section. Why not select an affordable plan now?