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The Health Insurance Fund is a foundation that provides private health insurance to low-income groups in Sub-Saharan Africa. The insurance covers quality basic health care, including treatment for HIV/AIDS. Through its innovative approach the Fund strives to contribute to increased access to quality basic health care, which in turn will help achieve the Millennium Development Goals.

People that benefit

Beneficiaries of the Health Insurance Fund programs are organized groups of previously uninsured low-paid workers, such as women’s associations, farmer organizations, or people with a micro loan. Guaranteed access to good quality health care enables these people to sustain and enhance their productivity and thus their income. This is a key objective of the Fund: an economy can only function if people are able to make a living and support themselves and their families.

A short history

The Fund was established in 2005 and is based in the Netherlands. In October 2006, the Dutch Ministry of Foreign Affairs awarded the Fund a €100 million grant for the development and implementation of insurance schemes in four countries over a period of six years. The first schemes were launched in Nigeria in early 2007, targeting 115,000 market women and farmers and their families. A second program in Tanzania is expected to start in the second quarter of 2009.

The Health Insurance Fund is an initiative of Kees Storm, former CEO of AEGON (one of the largest life insurance companies in the world), and PharmAccess Foundation. PharmAccess is a Dutch not-for-profit organization supporting AIDS treatment and general health care in developing countries.

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