Trying to find the best health insurance company In Nigeria can be a confusing process. There are several criteria to keep in mind when you make your decision including financial strength, customer service ratings, claims service, plan prices, policy offerings, coverage benefits, and provider choices.
There is no one “best” health insurance company, but the best one for you will depend on the type of health insurance you need, your budget, and what is available in your area.
Gone are the days, when health insurance plans were considered as luxuries. With accelerating cost of healthcare in Nigeria, health insurance policies have become essential to stay financially protected in time of both emergency and planned medical expenses.
With the booming appearance of internet, online health insurance policies are rapidly gaining prominence in Nigeria. With each passing year, new health insurance companies are coming into appearance and making the selection of best health insurance plans tougher.
Thus, We have carefully do the analysis to compare medical insurance policies to locate the best health insurance company in Nigeria for you as well as your family.
Total Health Trust is one of the largest health insurance firms in the country.
The company was founded in 1998 and has grown to become a leader in pre-paid health care service provision. Total Health Trust has more than 500 private clinics and 1550 NHIS- accredited clinics and hospitals.
With over 200 staff support with their head office in Lagos and 11 regional offices in Kaduna, Abuja, port Harcourt, Calabar,
Ibadan, Benin, Ibadan, Enugu, Ilorin and Abeokuta.
Furthermore, the company has the financial and technical backing of a foreign based company – Liberty Group of South Africa.
AIICO Multishield Limited started operations in 1997 and is one of the first set of Health Maintenance Organizations (HMO) accredited by the National Health Insurance Scheme (NHIS).
The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and Pension products and insurance services. The
Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested.
Their plans include:
- Magnum and
- Evacuation plans
They also have a 24/7 customer care service this makes making enquiries easy whenever you need to. Also, all Multishield plans incorporate health promotion and preventive healthcare services in to their services.
United Healthcare International Limited is one of the leading and fast growing National Health Maintenance Organization (HMO) in Nigeria, with branch network across 28 States of Nigeria.
The National Health Insurance Scheme under the National health Insurance Act 35 of 1999 licenses it. The company is accredited to function both as a private health insurance company and for participation in the formal/informal sector
social health insurance programme administered by the NHIS. It is reaccredited in 2009. From year 2000 to date they have recorded growing enrollees base of over 800,000 across private and public sectors and are currently positioned to serve enrollees base of more than 10,000,000.
This company offers comprehensive health insurance services to individuals and families as well as SMEs and large corporate organisations. They have been delivering first-class health insurance services in Nigeria since 1986.
Hygeia HMO continues to define and set new standards for health maintenance services in Nigeria and Africa, deploying global best practices and as they stated on their website ” We are focused on improving healthcare in Nigeria by constantly adapting to the ever-changing and complex needs of our members and clients.”
Cornerstone insurance plc was incorporated on 26th July 1991 with registration number RC163170.
The company is licensed and re-certified by the National Insurance Commission (NAICOM) to offer both general and life insurance.
Cornerstone insurance plc management team is another one company that has an excellent delivery service in place.
This insurance company in Nigeria has received many award based on the level of professionalism.
Cornerstone insurance plc products include: Motor insurance, Travel insurance, Home insurance, Life insurance, Annuity, Goods in transit, Combined fire and burglary, Marine Insurance, Mymoto shield, Gadget Inspector Plan, Drone Insurance.
Integrated Healthcare Limited is a private health insurance company in Nigeria that is IT driven. This company operates a 24 hours customer service through their call centre. The firm had been in existence for over 17 years now and had proven to be a force to reckoned with. Aside the regular plans, they also provide health education and personalized health services to their customers.
This is an Insurance company operated by the Ministry of Defence and the Nigerian Armed Forces, taking it place as one of the top HMOs in the country.
The company was accredited by the NHIS in 2006 and has consistently provided healthcare services specifically to military personnels and their families.
Currently, DHML operates about 159 Military primary healthcare providers and over 2000 civilian healthcare providers and 157 secondary and tertiary providers.
The company has over 22 offices located in different parts of the country with its head office in Abuja.