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
Let the courts follow the money

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...

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