Ultimate Health HMO has intensified efforts to expand health insurance coverage to Nigeria’s large informal sector, while deploying digital technologies and innovative healthcare solutions to advance universal health coverage.
The company disclosed this at its 14th Annual General Meeting, held after its 39th board meeting, amid renewed Federal Government efforts to deepen health insurance penetration following the enactment of the National Health Insurance Authority Act, 2022.
Speaking at the AGM, the Managing Director and Chief Executive Officer, Lekan Ewenla, said the company was targeting the informal sector because it remained largely underserved by health insurance providers.
According to him, statistics show that only a small percentage of Nigerians work in the organised private sector, making it imperative for HMOs to broaden their reach.
“Looking at the data released by the National Bureau of Statistics, we found that only about 15 per cent of Nigerians work in the organised private sector.
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