Guaranty Trust Bank Plc has introduced Beta Health, a low-cost health financing product providing instant access to health insurance for all Nigerians. Beta Health offers coverage for basic health services including general consultations, malaria treatment, and Ante Natal care for a monthly subscription fee of N500.
According to Nigeria’s Ministry of Health, over 90 percent of the population was not enrolled in any health insurance scheme as of 2018. Beta Health aims to address this issue by offering an affordable solution, marking GTBank’s commitment to enhancing everyday lives through innovative products and services. Subscribing to Beta Health is as simple as dialing *737*52*500*50# on a mobile phone, enabling the user to sign up within minutes.
Subscribers to Beta Health can access select medical services in over 1,000 hospitals nationwide at no out-of-pocket cost. Additionally, there are at least 5 healthcare centers covered under Beta Health in every local government area, allowing third-party subscriptions for relatives, domestic staff, and small business employees, ensuring access to basic healthcare services for individuals from all walks of life nationwide.
Guaranty Trust Bank plc’s Managing Director and Chief Executive Officer, Mr. Segun Agbaje, expressed his delight and pride in the launch of Beta Health, emphasizing its potential to significantly impact people’s lives. He also highlighted the bank’s future plans to further expand healthcare access for its customers and communities.
GTBank has been a key player in Africa’s banking industry, recognized for its excellent corporate governance, service quality, and innovation. The bank’s involvement in non-profit consumer-focused fairs and capacity-building initiatives for small businesses demonstrates its commitment to social responsibility beyond corporate philanthropy.
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