KCB Launches Seniors and Children Medical Plan in Insurance Partnership with Jubilee Health
By Ednah Kiarie
Kenya Commercial Bank (KCB) Simba Health senior and Simba
Health Junior set to benefit parties whose needs had not been
KCB Insurance Agency in collaboration with Jubilee Health
Insurance launched a medical cover designed to provide care to
children under 24years and senior citizens.
The proposition for children is dubbed KCB Simba Health Junior
and caters for children whose parents medical insurance scheme
limits the number of children on the cover or excludes dependants
in a policy. It also takes care of children who do not have an existing
KCB Simba Health Senior targets the elderly from 60 years and
above and the cover provides access to a wellness package and
chronic disease management. This is in realization that senior
citizens face unique and often daunting challenges in finding
affordable, high-quality heath care. Insurance covers for older
people tend to be higher than those of younger people as they are
more likely to have chronic conditions and therefore, they are more
likely to be denied care when they get sick.
“Simba Health Senior seeks to alleviate these problems by reining in
on costs for seniors while creating greater stability and security for
the older generation” said Aggrey Mulumbi, the Managing Director
at KCB Insurance Agency. “Health insurance facilitates access to care
and is associated with lower death rates, better health outcomes
and improved productivity. Therefore, this is an opportunity for all
citizens across the region to take full advantage of and secure their
loved ones health.
Dr. Patrick Gatonga the Chief Executive officer at Jubilee Health
Insurance noted that young adults are the most underinsured
presenting a great opportunity to reach them through flexible and
affordable insurance products.
The future of insurance depends heavily on the ability of industry
players to attract the young people to embrace insurance. There is
need for all of us to emphasize on affordable and equitable access to
good-quality health services for all. With Simba Health Junior, we
see this as a step in the right direction towards cushioning our
young people against the vagaries of health-related complications,
Dr. Gatonga said.
To enhance the experience KCB Simba Health Junior provides
additional benefits which are not available with the conventional
medical covers including milestones developmental assessments,
pre-school health check-ups and wellness programs, nnutrition and
diet programs, teens mentorship programs and wellness clubs.
The insurance covers will address the insurance needs of children and senior citizens across the wide economic strata given the significant increase to escalating costs of medical care.