"With less than 10% of Kenyans covered by health insurance... most of the population potentially faces devastating out-of-pocket expenses if they fall seriously ill." - Zack Oloo, CEO Chamgamka
Changamka Microhealth is revolutionizing the way clients can save money for health services.
In 2008, founders Zack Oloo and Sam Agutu launched Changamka Microhealth, an integrated health financing company that utilizes an electronic platform accessible by mobile phones, to facilitate the financing of healthcare services for the working poor in Kenya.
Their "smart card" allows Kenyans to set aside small amounts of money over time to cover the costs of outpatient services, drug prescriptions, and consultations when health issues arise. The company also offers a separate maternity card and a family health care plan; to date they have sold 3,000 maternity plans and 12,000 family health plans.
Oloo and Aguto spoke with BBC journalist Jonathan Kalan about Changamka's success and their hopes to reach more of Kenya's uninsured.