Affordable Health Insurance Initiative for Informal Workers

Ultimate Health Management Services is initiating a campaign to provide affordable health insurance to informal workers in Nigeria, addressing the country's heavy reliance on out-of-pocket healthcare spending. During a meeting in Lagos, Lekan Ewenla, Managing Director of Ultimate Health, discussed partnership opportunities with Adekemi Parker from the Charter Institute of Nigeria.

The program targets the informal sector, which constitutes a large part of Nigeria's workforce that remains outside the formal health insurance structure. The proposed cost is N38,000 per person annually, aligning with existing service frameworks.

Current data indicates that the number of Nigerians with health insurance is projected to increase from 19.2 million in 2024 to 21.7 million in 2025, representing 13% of the national population. Ewenla emphasized the need for greater awareness and understanding of available coverage options, as many Nigerians face financial hardships due to limited insurance coverage.

The initiative aims to enhance health insurance penetration and improve access to timely medical care without financial burdens.