PiggyVest, Nigeria’s automated savings and investment platform has partnered with WellaHealth under its CSR Initiative tagged Partnership for Good to provide Malaria Health Cover to Nigerians in commemoration of World Malaria Day.

World Malaria Day is celebrated on the 25th of April every year as designated by the World Health Organization (WHO).

The theme for this year’s World Malaria Day is – Harness Innovation to reduce the Malaria Disease burden. Partnerships are a unique way through which the Malaria Disease burden can be reduced.

According to a statement seen by BusinessDay, WellaHealth believes that everyone deserves access to affordable and high-quality health care – an idea that PiggyVest subscribes to, hence this partnership.

The Malaria Health Plan provides beneficiaries with Cover for Malaria Test & Treatment, Typhoid Cover when Malaria is Negative, Treatment for Fever & Pains, Treatment for Cough & Cold, Treatment for Stomach Upsets & Allergies, Blood Pressure & Blood Sugar Checks with access to talk to a Doctor 24/7 as long as the Plan is active. Beneficiaries will wait 4 Days to begin to enjoy the benefits of their plan once activated.

Read also: World Malaria Day and zero burden status in Nigeria

As part of this initiative, various Community Sensitization and Awareness activities will be happening across the Country. While there, beneficiaries will be able to activate their plan, learn about the claims process as well as get vital information on their health and management.

PiggyVest supporting this initiative will enable beneficiaries to gain access to quality healthcare at the Micro and Primary.

This partnership is geared toward ensuring that Nigeria is rid of Malaria and will give both users and non-users of PiggyVest access to the Malaria Health Cover provided by WellaHealth.

“For 3 years, we offered only savings to our users. Then in April of 2019, we rebranded to “PiggyVest” and began offering direct investment opportunities to users in addition to savings,” the company stated.

It added, “6 years on, we have continued to deliver excellent service to our 4,000,000 users and counting, helping them manage their finances with simplicity and transparency. Combined, our users save & invest billions of Naira every month that they would have instead spent.”

The company noted that it’s on a mission to give everyone the power to better manage & grow their finances in an accessible, affordable and democratized way.

“70 percent of Nigerians spend out of pocket for their healthcare needs. Our plans are designed to replace high out of pocket treatment expenditure with an affordable health plan that covers basic health expenses structured to provide subscriber access to affordable and high-quality health care anywhere in Nigeria,” the company concluded.

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.

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