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No money for medical aid? Oyi aims to make private healthcare more accessible

6 October 2020 10:47 AM
Tags:
Insurance
Medical aid
Healthcare
Costs of private healthcare
Personal finance
Healthcare costs
Medical insurance
making ends meet
private healthcare
Tami Ngalo
medical costs
medical expenses
Oyi Medical Card

"If you don’t have R70 for Corenza, your next port of call is to queue at the public clinic," says Tami Ngalo (Oyi Medical Card).

Up to 80% of employed South Africans don’t have medical aid, says Tami Ngalo, CEO at Oyi Medical Card.

Oyi Medical Card aims to make private healthcare accessible to millions of low- and middle-income South Africans who are currently excluded.


Related articles:


It is, basically, a credit card – but access is ringfenced for medical expenses.

Some of Oyi’s features:

  • All doctors and pharmacies accept them; you are not limited to a networked service provider.

  • Members may use it to pay for medical services such as scans, tests, physiotherapy, biokinetics, psychology, etc.

  • There’s no waiting period and no claiming; access is immediate.

  • Members may choose how much money they load on the card – whether monthly or as a lump sum.

  • The card can also complement an existing medical aid.

  • Savings may be used towards co-payments.

The Money Show’s Bruce Whitfield interviewed Ngalo.

Not everyone has the discipline to put money aside … Once the money is on the card, it’s ringfenced for medical expenses.

Tami Ngalo, CEO - Oyi Medical Card

If you don’t have R70 for Corenza C, your next port of call is to queue at the public clinic…

Tami Ngalo, CEO - Oyi Medical Card

You can deposit money whenever, and however much you can afford.

Tami Ngalo, CEO - Oyi Medical Card

When I lived in the UK, my wife was diagnosed with breast cancer. We utilized the NHS, and got lovely service… it was free [to the user] … In South Africa, if you don’t have medical aid you have big problems.

Tami Ngalo, CEO - Oyi Medical Card

Listen to the interview in the audio below.


This article first appeared on CapeTalk : No money for medical aid? Oyi aims to make private healthcare more accessible


6 October 2020 10:47 AM
Tags:
Insurance
Medical aid
Healthcare
Costs of private healthcare
Personal finance
Healthcare costs
Medical insurance
making ends meet
private healthcare
Tami Ngalo
medical costs
medical expenses
Oyi Medical Card

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