7 Myths And Facts About Health Insurance In Nigeria

Avon Healthcare
April 29, 2019

Seriously y’all.

Health insurance is an important financial scheme that helps protect a person’s finances in the event of illnesses. However, Nigeria’s dearth of education about the subject has led to the perpetuation of myths and misconceptions about it, which is a major reason why a large number of people still don’t have one.

The aim of this article is to dispel the many myths surrounding the concept of health insurance by giving you the tea on what is real and what isn’t.

Let’s get into it.

1. “No need to get insurance at a young age.”

The hilariously terrible thing about the meat suit that houses your skeletons and organs is how fragile and susceptible it is to (external) damage. Not to be a downer but you’re not Superman, which means that your current youth and vitality isn’t going to matter if you get hit by a truck tomorrow and need to be hospitalized for proper treatment. This is why health insurance plans exist for all age groups.

In fact, buying and renewing a health insurance policy at a young age is advised because it leads to higher sums and better claim experiences later in life (when you need it).

2. “Getting health insurance indirectly means that I’m inviting illnesses into my life.”

Look at it this way: If anthropomorphic illnesses (or some babalawo with a bag of illnesses) wanted to attack you, they wouldn’t wait till you got health insurance. They’d take a page out of Nike’s book and just do it.

The idea of health insurance is to be prepared for any health problems that MIGHT occur.

3. “My health insurance won’t cover all my medical conditions.”

All health insurance companies have a list of all the medical conditions covered by each plan in the clauses section. Your insurance will cover whatever illness you’re getting treated for as long as it’s covered in the plan.

4. “My health insurance won’t cover the full hospital bill.”

Health insurance plans actually cover the full hospital bill, not part. If whatever you’re getting treatment for is covered on your plan, then your insurance will cover the full cost.

5. “I will start enjoying the benefits of my health insurance from the moment I buy it.”

Even though most health insurance plans have a waiting period of at least 30 days, some benefits can be enjoyed from scratch. However, this depends on agreements made before purchasing the plan. Accidents and emergencies aren’t the only things covered from scratch too.

6. “My health insurance will cover all my pre-existing health conditions.”

Health insurance policies generally cover pre-existing health conditions but only after a waiting period (which can range from 3 months – 4 years). The only requirement here is that the person discloses all their pre-existing conditions when buying the policy. A common example of this is pregnancies.

7. “I’m going to get the cheapest health insurance possible because they’re all the same thing.”

The best health insurance plans aren’t determined by their prices but by the benefits they offer. This also works the other way around. When presented with plans, don’t immediately go for the most expensive one because “it has to be the best, given its price.”

These days, plans are designed to fit people’s lifestyle and budget so the most expensive might not necessarily be what fits you. For instance, there’s no need for you to get a family plan when you’re single and hustling. Just look around, you’ll most likely find something that fits.

You'll like this

November 11, 2015

The day has finally come! The day Nigerians have been eagerly waiting for since Buhari began his presidency. For months, Nigerians waited and lamented about Buhari’s non-existent ministerial list. Zikoko even created a mixtape about it. But today, Buhari revealed his 36 ministers to the world and Nigerian Twitter has a lot to say about […]

Sponsored by
Avon Healthcare

Join The Conversation

Bring a friend.

Watch

Now on Zikoko

August 7, 2020

Sufferings in mirror are closer than they appear. Approach with caution because adulthood is the ghetto. 1) Attitude towards savings: As a student: Vibes and inshallah. As an adult: Piggyvest, Cowrywise, Kolo. 2) Attitude towards spending: As a student: My money grows like grass. As an adult: There’s rice at home. 3) Source of money: […]

August 7, 2020

How well do you know the alphabets? All you have to do is type the alphabets backwards from Z – A on a single line in one minute. Only press “Enter” after you’ve finished typing all the letters of the alphabets on a single line. DO NOT press “Enter” after typing each letter. I.e Don’t […]

Recommended Quizzes

November 11, 2019

Today, we are going to be using your taste in music to determine how good you actually are in bed. All you need to do is create the ultimate Nigerian hit — from the lead artist to the producer — and we’ll tell you if all your partners leave satisfied, or if you are just […]

November 15, 2019

There are two types of people in Nigeria right now: those who are proud Marlians, and those who are still in denial about stanning the divisive star. So, for those who proudly wear the Marlian tag, we made a quiz to test how well you really know Naira Marley. If you get more than 6 […]

January 2, 2020

Do you have even a single romantic bone in your body? Well, if you’re not sure about just how sweet and thoughtful you can be to someone you love, that’s what this quiz is here to answer.

More from Inside Life

August 6, 2020

A line from a popular Yoruba fuji song goes: It is the man with the potbelly you should give the money too. Indeed, Nigerians seem to place importance on how much body fat a man carries. Skinny people aren’t really taken seriously in these parts. Being a skinny man in Nigeria can be very frustrating. […]

August 5, 2020

If there’s anything history has taught us, it is that men are much better than being side pieces than women. Ask Jada Pinkett Smith.  If you didn’t already know, a side nigga is someone who knows that the person they are giving back to back has a partner but doesn’t care. You’re just here for […]

Watch

Trending Videos

Zikoko Originals

June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.
March 12, 2020
Life is already hard. Deciding where to eat and get the best lifestyle experiences, isn't something you should stress about. Let VRSUS do that for you.
February 6, 2020
Who doesn't want to find love? In our bid to help, we paired up a bunch of single Nigerians, sending them on an all-expense paid date, and interviewing them before and after they met.
January 27, 2020
Nigerians Talk is what happened when a motley crew of young Nigerians were put in front of a camera and asked a bunch of apparently random questions about life, love, money and more.
September 24, 2019
A group of Zikoko staff go on a road trip to every mainland country in ECOWAS West Africa

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.
X