Mobilink and Waseela Microfinance Bank have announced the launch of an innovative corporate health insurance product, MobiCare, after signing an agreement with AsiaCare Health and Life Insurance.
MobiCare shall be offering health insurance solutions to corporate customers through its existing network of panel hospitals comprising of over 240 institutions across Pakistan. Waseela Microfinance Bank Limited (WMBL) Chief Executive Officer (CEO) Ghazanfar Azzam, AsiaCare CEO Dr Mehmood Mehdi Kazmi and AsiaCare Corporate Accounts Vice-President and Senior Manager Farhan Mustafa attended the signing ceremony.
MobiCare offers hospitalisation; maternity and pre-existing illness coverage mainly aimed towards low income segments of the society. Through various corporate organisations, employees that are not on any health plan or cannot afford insurance on their own would be offered health plans at very low prices which would provide cover their hospitalisation, maternity and pre-existing illness in hospitals across the country. Emergency care, surgery, hospital and prescription drugs would also be covered in the plan with hospitalisation limits going up to Rs 500,000 per person. MobiCare also offers cashless claim facility available at all in-network hospitals and clinics nationwide.
Speaking about the initiative to launch a corporate health product, Ghazanfar Azzam said, “I am delighted to launch MobiCare for the facilitation of millions of corporate sector employees who, for various reasons, cannot afford medical insurance. Our product provides much needed relief to those employees and their families in case of a medical emergency, as unforeseen medical needs, combined with high health care costs, leaves people with huge medical bills. MobiCare’s coverage greatly reduces unexpected medical costs, while providing the best possible medical care through our network of hospitals.”
He said partnership with AsiaCare speaks volumes about our intention to provide the masses with the best and the most innovative products. “AsiaCare Health and Life Insurance is a leading health insurance company which offers a host of services and successfully caters to more than 150,000 customers,” he added.
On the occasion, Mehmood Mehdi Kazmi said, “It is an honour to partner Mobilink for the launch of a much needed health product in the shape of MobiCare. By coupling our unrivalled experience in the health and life insurance industry and Mobicash’s vast financial network in Pakistan, we have developed a medical insurance service that caters to the changing needs of the working class. We are confident that MobiCare would quickly become a household name in the industry and shall facilitate millions of people who currently do not find medical insurance feasible.”
With the launch of MobiCare, Mobilink has again proved that it always looks to offer its customers innovative products that not only fulfil basic necessities but also enhances living standards.