Medical Insurance Providers (MIPs): Looking for details on all the Licenced Medical Insurance Providers (MIPs) in Kenya? Look no more. Medical Insurance Providers (MIPs) are companies or institutions that offer and administer medical or health insurance policies in Kenya. They are regulated by the Insurance Regulatory Authority (IRA).

Roles Performed by Medical Insurance Providers, MIPs

• Provide Health Covers: They design and offer various medical insurance plans, which typically include inpatient (hospitalization) and outpatient services, often with options for dental, optical, and maternity benefits.

• Manage Networks: They establish a network of hospitals, clinics, and doctors where their policyholders can receive cashless services.

• Process Claims: They handle the financial processing for medical expenses incurred by the insured.

• Target Market: They cater to individuals, families, and corporate groups (employer-provided health insurance).

Popular Insurance Products by MIPs in Kenya

Medical Insurance Providers offer a range of products designed to fit different needs and budgets:

• Individual & Family Plans: Comprehensive covers for hospitalization and outpatient services for a person and their dependents.

• Corporate/Group Schemes: Tailored medical coverage provided by an employer to their staff.

• Senior Citizen Plans: Health covers specifically designed for the needs of older individuals (e.g., above 60 or 65 years).

• Critical Illness Cover: A separate policy that pays a lump sum upon the diagnosis of a specified critical illness (like cancer or stroke).

• Microinsurance Health Plans: Affordable health insurance packages for low-income populations.

Licenced Medical Insurance Providers (MIPs) in Kenya {IRA Ultimate List}