SA Digital Bank TymeBank Announces Its Partnership With National HealthCare Group
SA Digital Bank TymeBank Announces Its Partnership With National HealthCare Group. TymeBank, one of the world’s fastest growing digital banks, has announced its partnership with National HealthCare Group to bring quality, affordable medical insurance to consumers, through the launch of TymeHealth, an app-based offering that provides medical insurance for as little as R139 a month.
Tauriq Keraan, TymeBank CEO said in a statement, “Our country has a population of just over 60-million people, and the dire reality is only one in seven South Africans have access to medical aid, and most people cannot afford private healthcare. With TymeHealth, an initiative in collaboration with the National HealthCare Group, we are making it possible for more South Africans to have access to affordable, quality healthcare.”
Consumers wanting to apply for TymeHealth need to do so using the TymeBank app, which means they must sign up as customers. They are then prompted to choose the plan that best meets their needs. Once the application is successful, membership is activated seamlessly through members’ mobile devices and they can then access over 12 000 registered healthcare providers, including GPs, pharmacies, dentists, optometrists, specialists and hospitals countrywide through the extensive National HealthCare Group provider network.
“Our partnership with National HealthCare Group – with their 27-year track record – into the healthcare space is one where we believe we can make a real difference to people’s lives. Radically bringing down the cost of medical insurance is an industry boon and is a natural evolution for our brand; we are committed to offering affordable, accessible and inclusive products – whether that is transactional banking, access to credit or healthcare – to South Africans across the economic spectrum,” concludes Keraan.
As a medical insurance product, the TymeHealth offering comprises three plans, each designed to cater for different life stages or needs. The plans provide for the needs of underinsured South Africans or those looking for a supplementary day-to-day product to complement their existing hospital plan.
