Since inception, CFC Life has provided insurance services to Kenyans and continues to write a wide range of life and health insurance products including ordinary life, group life, medical, pension and personal accident.
BIVE
Target geography
Target Population
Target income level
- Bottom 20%
Health focus
- Other/not applicable
Other/Not applicable::
Health financing
Summary
BIVE is a health insurance scheme which targets low income populations to make quality healthcare services more affordable and accessible.Program goals
BIVE is a social business that generates no losses nor does it pay dividends. The program instead aims to solve the social issue of how to provide affordable healthcare to the poor.
Key program components
BIVE is a social business subsidiary of Grameen Caldas. The model involves an annual membership fee which costs $35 USD, and allows families to access healthcare services at prices up to 70% lower than the market rate. Private doctors in the BIVE network receive increased patient volume, and the patients pay in cash. BIVE also tracks patient data, enabling them to provide value-adding services such as educational text-messages and referrals to other well-being institutions for vulnerable populations.
Financials
Related Programs
Grameen Koota's mission is to transform and uplift the lives of poor and low-income families with micro-finance and other development services and to be a sustainable, friendly and trusted provider of affordable and need-based services.
The Afya Milele health insurance plans through East Africa Insurance Brokers Ltd. provides affordable medical insurance cover to lower and middle class Kenyans.
The Hygeia Community Health Plan (HCHP) offers health insurance to a total target group of approximately 177,500 people, 67,500 in Lagos and 110,000 in Kwara State. Per July 2010, over 60,000 people were enrolled in the scheme.
The health insurance scheme uses both a mutual model and a partner-agent model. Of the total premium, 65% will go to the pool, while 35% will go to Bajaj Allianz General Insurance Company.
