The Best Health Insurance Funds For Individuals In Nigeria

15 Top Health Insurance Funds for Individuals in Nigeria: According to recent data from the International Trade Commission, less than 5% of Nigerians now have health insurance, underlining the critical need to extend health insurance coverage in the country.

Nigeria aims to achieve universal health coverage, and health insurance is crucial in assuring access to quality health services. Health insurance is a plan that protects an individual’s health by giving access to quality medical services and covering medical expenses for a set period of time. To achieve this, individuals agree to pay a monthly or annual premium.

Health Insurance in Nigeria

In Nigeria, the National Health Insurance Authority (NHIA) is the regulatory body responsible for promoting, regulating and integrating the health insurance system across the country.

• Despite his NHIA’s mandate to achieve universal health coverage by 2030, current health insurance coverage remains at less than 5% of the population.
• Although the NHIA primarily applies to federal employees, state health insurance authorities have extended coverage to state government employees.
• In addition to NHIAs, Health maintenance organizations (HMOs) also play an important role in providing tailored health insurance plans to individuals, families, private organizations, and small and medium-sized enterprises (SMEs).

Research did a full ranking of his HMOs in Nigeria, with a focus on the pricing of the most basic plans for singles.

The goal of this ranking is to provide useful information about the top 15 health insurance firms that offer affordable annual health insurance to individuals. Personal health insurance is health coverage for people.

Here are 15 Best Health Insurance Funds for Individuals in Nigeria

1. Reliance HMO

Cost: 3,500 Naira per month. 42,500 Naira per year

Reliance HMO offers medical services to individuals, families, and corporations. The base plan for individuals costs N3,500 per month and includes basic health insurance for participants. The National Health Insurance Authority (NHIA) recognizes Reliance HMO with code number 92.

2. Healthcare Partners Limited

Cost: 12,000 Naira per year

Health Partners Limited was founded in 1999 and is registered with the Corporate Affairs Commission. Health Partners launched as a health maintenance organization (HMO) in August 2006, offering managed health care services to both public and private organizations.

The Treasure Health Partners plan provides access to primary and secondary health care services at approved hospitals for N12,000 per year.

3. Well Health Network Limited

Cost: 18,500 Naira per year.

Health Network Limited is certified by the NHIA as a Health Maintenance Organization. The code number is 67. Well Health’s basic health insurance plan for individuals’ costs N18,500 per year.

4. Wellness Health Management Services Limited

Cost: 15,000 Naira per year.

Wellness HMO is a healthcare provider and health insurance company certified by the NHIA under code number 41. The basic welfare plan for individuals is N15,000 per year.

5. Ronsberger HMO

Cost: 40,000 Naira per year.

Ronsberger HMO is a licensed health maintenance organization in Nigeria with the code number 10. Lonsberger’s clients include government agencies, corporate organizations, and individuals. The Bronze Individual Plan is the most cheap option for individuals in Nigeria, costing N40,000 per year. Individuals should expect to be covered for general medical exams, laboratory tests, prescription medicines, and more.

6. SUNU Health Limited

Cost: 36,080 Naira per year.

SUNU Health Nigeria Limited is a Health Maintenance Organization (HMO) licensed by Nigeria’s National Health Insurance Authority (NHIA) under Accreditation Number 016. The company serves a wide range of clients, including multinational organizations, small and medium-sized businesses (SMEs), the federal and territorial governments, schools and higher education institutions, and individuals. Nigeria’s Pearl retail plan costs 36,080 a year and provides Nigerians with expert advice, prescription drugs, nationwide emergency insurance, and other benefits.

7. HCI Healthcare Limited

Cost: 35,000 per year

HCI Healthcare Limited is a Health Maintenance Organization (HMO) founded in 1997 and certified by the National Health Insurance Authority (NHIA) to deliver managed and inexpensive healthcare services to diverse segments of Nigeria’s population. Individuals can get medical care for 35,000 Naira per year through the Titanium Compact Plan.

8. United Healthcare International Limited

Cost: 27,500 Naira per year.

United Healthcare International Limited is a private limited business founded in January 2000 and licensed under the National Health Insurance Act No. 35 of 1999, code number 7. It is a private insurance firm that participates in the NHIA social insurance system, both formally and informally. The United Airlines plan costs 27,500 Naira per year and includes outpatient care, chronic disease management, and other benefits.

9. Precious HMO

Cost: 30,000 Naira per year.

Precious Healthcare Ltd (HMO) was established in 2006 and received accreditation from the National Health Insurance Authority (NHIA) in 2007 under code number 036. The company offers social health insurance coverage through the NHIS, utilizing its network of NHIS-accredited hospitals for all medical categories. We offer private health insurance to businesses, organizations, associations, labor unions, families, and individuals. Nigerians can get health insurance for as little as 30,000 Naira per year through this beneficial plan.

10. Salus Trust HMO

Cost: 30,000 Naira per year.

HMO Salus Trust is the only Catholic HMO in Nigeria. It is also licensed by the National Health Insurance Bureau and has been operating since 2009. With the Salus Green Plan, Nigerians can get health insurance for as little as 30,000 Naira per year.

11. Novo HMO

Cost: 25,200 Naira per year.

Novo Health Africa is a national health maintenance organization that provides healthcare throughout Nigeria. It is accredited by the National Health Insurance Authority (NHIA) to provide healthcare solutions across the continuum of care. Nigerian individuals can get medical treatments for 25,200 Naira, which includes outpatient therapy, accident treatment, emergency care, and so on.

12. Axa Mansard HMO

Cost: 20,000 Naira per year, 12,000 Naira for 6 months.

Axa Mansard Hospital is a health maintenance organization accredited by the regulatory body NHIA with code number 59. With the AXA Mansard Easy Care Plan, Nigerians can access health insurance for N12,000 every six months and N20,000 annually.

13. Clearline HMO

Cost: 30,000 Naira per year.

Clearline HMO is a health maintenance organization that provides comprehensive insurance policies. The company is accredited by the NHIA with code number 3 and provides a variety of coverage alternatives to guarantee Nigerians have access to healthcare services. Every year, people can receive medical services for 30,000 Naira.

14. Hallmark HMO

Cost: 30,000 Naira per year.

Hallmark HMO provides health insurance through insurance plans that meet the needs of individuals, families, and businesses. The company is certified by his NHIA code 96. The Zircon Plan provides basic health insurance to individuals in Nigeria for 30,000 Naira per year.

15. Avon HMO

Cost: 27,500 Naira per year.

Avon HMO is an NHIA-registered health maintenance organization that will start operating as a nationwide HMO in 2012. Individuals, families, organizations, and businesses can all receive medical services through the company’s health insurance coverage. Avon’s starter plan is N27,500 per year and includes services like physiotherapy, travel vaccines, and routine medical checks for single Nigerians.