Category: Health Financing

AHFoZ, TGI deal to reduce healthcare costs by 30 percent

Kuda Pembere

Zimbabwe’s largest body representing medical aid societies, the Association of Healthcare Funders Of Zimbabwe (AHFoZ) has partnered regional insurance technology (insurtech) firm Tres Groupe International (TGI) in a deal aimed at dropping healthcare costs for Zimbabweans by 30 percent. By Kuda Pembere TGI comes into this arrangement with its TGI Carenet, a Real Time Claims Processing and Settlement (RTCPS) model to the healthcare industry which is an instant payment platform backed by an EMV Smart card embedded with a microchip as well as the traditional magnetic stripe plus Near Field…

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We are ready to step aside says PSMAS board

Healthtimes

THE battle to control the country’s biggest medical aid society, PSMAS, has reached a crescendo, with indications that all parties involved in this battle for supremacy are digging in. HealthTimes Reporter The ongoing battle involves leaders of the Public Service Association (PSA), and the Zimbabwe Confederation of Public Sector Unions (ZCPSTU), the defunct PSMAS board, PSMAS and the government through the Public Service Commission (PSC). Insiders from within PSMAS have since blamed members from the old board members and union leaders for trying to derail the ongoing Forensic Audit by…

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First Mutual RTGS Medical Aid holders stranded

Michael Gwarisa

ZIMBABWEAN Dollar Medical Aid holders under First Mutual Health insurance scheme will no longer be able to access healthcare services at any of the health facilities under the Medical Investments limited including the Avenues Clinic, a move that is likely to throw members into quandary. By Michael Gwarisa Sources privy to these developments told this publication that First Mutual Health (FMH) has not been forthcoming in terms of meeting their side of the bargain and have been paying for claims after a longer period in contradiction with a request from…

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Innovative Insurance Policy Purchased To Protect Up To 800,000 People In Zimbabwe From Drought Risk

Healthtimes

A global network of humanitarian agencies has today announced the purchase of an innovative insurance policy in partnership with African Risk Capacity (ARC) and the Government of Zimbabwe. The policy is to protect more than 800,000 people in Zimbabwe from drought risk during the 2021/2022 agricultural season. Own Correspondent The $2.5 million USD policy purchased by Start Network and provided by African Risk Capacity, is built on parametric insurance. This means it pays out before a crisis, according to pre-agreed scientific triggers, based for example on rainfall data. Unlike the…

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PSMAS Introduces Chronic Care Program

Healthtimes

IN an effort to improve access to medications for members with chronic medical conditions, Premier Services Medical Aid Society (PSMAS) has introduced a Chronic Medicine Programme with effect from today. (Wednesday, 1 September 2021). Own Correspondent The Chronic Medicine Programme was established to provide a service to members requiring treatment for chronic medical conditions. PSMAS is dedicated to managing chronic medicine use in a manner that is beneficial to the health of members, and to ensuring quality care through holistic member care. The program is designed to benefit both members…

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Zb Life Assurance Launches Enhanced Cash Funeral Plan

Michael Gwarisa

The enhanced plan will provide post-burial benefits such as tombstone, memorial service, school fees and cash for groceries, among other funeral and burial costs.  ZB Life Assurance, a subsidiary of ZB Financial Holdings, has launched an enhanced ZB Cash Funeral Plan to provide post-burial benefits to the policyholder, in addition to the cash benefits that assist with the financing of funeral and burial costs. Staff Reporter The enhanced product will help bereaved families to cope with post-burial expenses that are often a huge burden for the surviving relatives. Announcing the…

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COVID-19 Leads To Spike In Respiratory And Spectacles Medical Aid Claims In Zim

Michael Gwarisa

THE Association of Healthcare Funders of Zimbabwe (AHFoZ), which is the umbrella body for all medical aid companies in Zimbabwe says there has been an upsurge in respiratory and Eye related medical aid claims during the COVID-19 period. By Michael Gwarisa Speaking during a virtual meeting recently, AHFoZ Chief Executive Officer, Ms Shylet Sanyanga said, “In terms of the impact of COVID-19, we noticed that since the beginning of the pandemic and since the first case was diagnosed here in Zimbabwe, there has been an increase of respiratory related claims…

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#OPNION: Government Moves To Regulate Medical Aid Societies: This Doesn’t Sound Like A Very Brilliant Idea

Michael Gwarisa

GOVERNMENT recently announced that cabinet had deliberated and considered the submissions made on the Regulation of Medical Aid Space Societies as proposed in the Insurance and Pensions Commission Bill, which were presented by Vice President as Minister of Health and Child Care, Dr Constantino Chiwenga. By Michael Gwarisa According to information minister, Senator Monica Mutsvangwa, they had realised that since medical aid societies were not for profit enterprises and represent members’ efforts to pool funds to assist in covering health bills and expenses, it was best international practice for such…

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Chii Chinombonzi Vaccine Kana Kuti Nhomba Ye COVID-19?

Michael Gwarisa

NYIKA dzakawanda pasi rose kusanganisira nyika yedu ye Zimbabwe dzirikugadzirira kutambira mushonga nemajekiseni achange achishandiswa kubaya vanhu kuti vadzivirirwe kubva kuchirwere che COVID-19 chinokonzerwa nehutachiwana hwe Coronavirus. By Michael Gwarisa Nyika ye Zimbabwe mumazuva mashoma arikutevera ichange ichigamuchira Vaccine re COVID-19 kubva kunyika ye China nedzimwe nyika dzakavimbisa kuti dzichazenge dzichibatsira Zimbabwe mukurwisana ne denda iri. Amwe ema Vaccine atinofanira kutarisira kuwana anoti iwo SINOPHARM reku China, COVAX ratichawana kuburukidza nerubatsiro rwe nyika ye United Kingdom (UK) ichibatsiran ne bazi re World Health Organisation (WHO) nemamwewo akadaro. Mutungamiri we nyika…

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