The policy offers cover for inpatient, optical, dental, maternity, and critical illness, alongside disability cover, funeral expenses, a wellness programme, as well as international cover for travel outside of East Africa.
It is available in four packages, with different grades of coverage:
- Bronze – USh750,000 per annum ($206.58)
- Silver – USh956,000 per annum ($263.32)
- Gold – USh1,150,000 per annum ($316.76)
- Platinum – USh1,343,000 per annum ($369.92).
The policy is designed with the needs of non-salaried and self-employed individuals in mind, with the intention of driving increased take-up of health insurance among Ugandans. At present, less than one per cent of Ugandans have health insurance, according to figures from the Insurance Regulatory Authority of Uganda.
“The majority of the population relies on cash payments from savings, sale of property or crowdfunding to cover unexpected health emergencies,” said Mumba Kalifungwa, Managing Director of Absa Bank. “Our motivation for unveiling this product is to play a part in helping more people acquire access to affordable insurance, so as to improve the quality of life of more people in Uganda.”
The US Department of State recently updated its travel advice for Uganda in response to the enactment of new anti-homosexual legislation in the country.