Jubilee Insurance launches medical cover to address healthcare affordability crisis

The new CoverBora Medical Cover will enable individuals and families of any size to purchase plans with monthly payments from as low as Ksh.500 with the coverage tiers ranging from Ksh.250,000 to Ksh.500,000 per insured family per annum. 

According to Jubilee Health Insurance CEO Njeri Jomo, unlike any other medical cover, CoverBora has adopted a holistic approach that will cover everything inpatient from maternity care to end-of-life provisions. 

“The launch of CoverBora strategically aligns with our commitment to advance the universal healthcare coverage agenda. This medical solution is engineered to not only offer coverage but to instil a sense of security among citizens, reaffirming that their well-being takes precedence," said the Jubilee Health Insurance CEO.

The cover will also provide coverage for pre-existing and chronic conditions during hospitalization, and even HIV conditions. In addition, CoverBora will also cater for COVID-19 hospitalization coverage, last expense benefits, and coverage for psychiatric illnesses.

Speaking during the unveiling of the CoverBora Medical Cover, Njeri Jomo noted that the healthcare affordability crisis in Kenya has continued to worsen as families rely on out-of-pocket payments to pay for healthcare services. 

"Healthcare access is a fundamental human right that goes beyond an individual’s income levels. At Jubilee Health, we are doing all we can to ensure every individual has an opportunity to live a healthy and dignified life,” she said.

According to the Kenya Demographic Health Survey 2022, one in four Kenyans has some form of health insurance with the report further estimating that Kenyans spend Ksh.150 million in out-of-pocket payment expenditures on health services a year driving nearly a million people into poverty.