Saving employers time and money with better, cheaper health insurance
Tl;dr: Eden Care offers digital health insurance to employers in Africa. We are making health insurance cheaper by building a new tech stack that reduces the cost of insurance operations by 43%. In 6 months since launch, we have $2.1M in gross premiums and growing 100% month-on-month. Check out Eden Care today.
Hello, I am Moses Mukundi, and my team and I are building Eden Care. We are on a mission to provide access to affordable quality health insurance to the 90 million uninsured African employees. See some of our team below:
African insurance cost of operation (claims, distribution, and fraud cost) is 2.2x the global average resulting in expensive insurance. No wonder, health insurance penetration in Africa is 0.2%, 15x lower than emerging market peers.
This $11 billion industry hasn’t modernized (manual, limited customer insights, and high fraud waste and abuse) and has largely focussed on large companies and high network individuals, leaving out the majority of Africans. There’s a need for a new solution for Africans to increase health insurance uptake.
Our Solution: Digital infrastructure that automates the entire value chain
Eden Care is a full-stack licensed health insurer. We are building a new tech that reduces our cost operation by 43% resulting in cheaper cover.
We have deployed tech infrastructure across 3 main users - HR& admin teams, employees, and healthcare facilities. This enables us to automate the majority of our processes reducing cost but also improving customer experience.
For HR teams, we provide them with a portal to easily manage the health benefits of their team.
For employees and their dependents, we provide them with an app that helps them access and navigate healthcare, participate in Eden Care’s wellness and prevention program, and earn/redeem rewards.
For service providers, we have provided an end-to-end digital tool that enables them to quickly serve our members and digitally complete all their processes on our system — eliminating the majority of manual processes and paper, automating the majority of the tasks, and saving time and money.
With this data-rich view, we can:
The opportunity: Right time to build Eden Care
Ask: How you can help us