Mobilink and Waseela Microfinance Bank have announced the launch of a 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 240+ institutions across Pakistan.
The signing ceremony was attended by CEO Waseela Microfinance Bank Limited (WMBL) – Ghazanfar Azzam, CEO AsiaCare – Dr. Mehmood Mehdi Kazmi and VP and Senior Manager Corporate Accounts – Farhan Mustafa.
MobiCare offers hospitalization, maternity and pre-existing illness coverage mainly aimed towards low income segments of the society. Through various corporate organizations, employees that are not on any health plan or cannot afford insurance on their own will be offered health plans at very low prices which would provide cover their hospitalization, maternity and pre-existing illness in hospitals across the country.
Emergency care, surgery, hospital and prescription drugs will also be covered in the plan with hospitalization limits going up to PKR 500000 per person. MobiCare also offers cashless claim facility available at all in-network hospitals and clinics nationwide.
Speaking about the initiative to launch a much needed corporate health product, Ghazanfar Azzam, CEO WMBL, 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 coverage greatly reduces unexpected medical costs, while providing the best possible medical care through our network of hospitals.
Speaking about partnering up with Asiacare Health and Life Insurance, he said:
Our 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 150,000 + customers.
On the occasion, Mehmood Mehdi Kazmi, CEO AsiaCare said:
It is an honor to partner with 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 which caters to the ever changing needs of the working class. We are confident that MobiCare will quickly become a household name in the industry and shall facilitate millions of people who currently do not find medical insurance feasible.