M-KOPA and Turaco Deliver Hospital Cash Insurance to Over 1 Million Kenyans in One Year
- M-KOPA and Turaco have provided Hospital Cash insurance to over 1 million Kenyans in 12 months.
- The insurance offers Ksh 1,000 per day for hospital admissions to Ministry of Health-registered hospitals.
- 75% of customers had no prior health coverage before this initiative.
The collaboration between M-KOPA and Turaco represents a significant advancement in financial inclusion and healthcare accessibility in Kenya. By embedding insurance into smartphones, they are addressing a critical need and demonstrating how technology can be leveraged to enhance the lives of everyday earners. This model could serve as a blueprint for similar initiatives in other regions, but careful attention must be paid to the scalability and sustainability of such programs.
