Zimbabwe’s financial institution, FBC Holdings, under its health wing, FBC Health, has introduced a new medical package to cater for low, middle and upper income earners.
In a statement, FBC Health said the medical aid packages caters for non-profit making organisations, mines, corporates, SMEs and individual members, including beneficiaries and dependents of those in the Diaspora at competitive rates.
“FBC Health has introduced a unique medical aid product that enables a large cross section of the market, incorporating low, middle and upper income earners to access affordable packages with local, regional and international benefits.
“FBC Health offers exceptional medical aid packages for non-profit making organisations, mines, corporates, SMEs and individual members, including beneficiaries and dependents of those in the Diaspora at competitive rates.”
The statement further reads that corporates have the opportunity to have customised cover in the form of self-managed funds.
“Under this arrangement, corporates are free to set up their own desired benefit plans and premiums with FBC Health Insurance coming in to offer administration services. This process involves the important input from the highly skilled FBC Health in-house actuarial team that assesses the adequacy of cover in relation to the premiums contributed, after taking into account the disease burden of the fund”
Head of FBC Health Matipedza Lole said:
“We believe our major strength lies in being part of a large financial services group where we can leverage synergies within the group to provide value to our clients and a seamless service experience to our members. Our health insurance experience, which spans over a decade, has given us valuable insights into looking after a broad spectrum of member groups by providing ample cover especially for chronic conditions, high cost major diseases like cancer and dialysis, everyday outpatient medical events and hospitalisation.
All our plans are USD denominated to preserve the value of the policy. Clients have the choice in terms of which currency to use (USD or ZWL). This also makes budgeting and planning easier due to the stability of the USD. By the same token, all our plans have an extra layer of complimentary funeral cash plan cover at no additional cost,” said Matipedza Lole (Head of FBC Health).