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
FMD management: A ticking time bomb

“The trouble with government regulation of the market is that it prohibits capitalistic acts between consenting adults.”~ Robert NozickWhile government must contain the disease, it must also confront the growing economic hardship caused by its response. For many rural households, cattle remain a source of livelihood and the only means for tending for thousands of families, and for these kind of people the longer the restrictions continue, the...

Have a Story? Send Us a tip
arrow up