L-R: Paul Nagemi, the Chief Health Officer at Prudential Uganda, Tetteh Ayitevie, CEO Prudential Uganda, Sam Mwogeza, Stanbic Bank’s Executive Head for Consumer Banking and Tich Makonese, Head, Insurance, Wealth and Investment Uganda at Stanbic bank speaking to the press at the launch of Stanbic MediProtect

Statistics by the World Bank show that an average Ugandan spends approximately 120,000 UGX, out of pocket, on medical treatment. With an average age of 17 and less than 500,000 Ugandans with medical insurance today, there’s urgent need fill this gap and ensure as many Ugandans can access affordable medical care through health insurance. This has triggered historical companies in finance and insurance, Stanbic bank and Prudential respectively to come up with Stanbic MediProtect, a Medical Insurance Cover for Ugandans. Under this, with just UGX600, 000 or USD166 investment (silver package), Stanbic customers are now able to acquire for themselves…

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