Mmegi

Alpha Direct creates splash with health care insurance move

Making moves: Iyer is seeing opportunity in health insurance
Making moves: Iyer is seeing opportunity in health insurance

Local tech driven insurer, Alpha Direct, has entered Botswana’s health financing space, positioning itself as a private insurer seeking to disrupt a market long dominated by non-profit medical aid schemes.

The company has unveiled its health insurance offering, with plans starting from as little as P76 per month, as it targets a largely underserved segment of formally employed Batswana who remain outside private healthcare cover.

Alpha Direct’s entry introduces a different model into a market traditionally structured around medical aid funds such as Bomaid, BPOMAS and Pula Medical Aid. These schemes operate on a mutual “non-profit” basis where member contributions are pooled to fund healthcare costs.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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