One of Nigeria’s leading commercial banks Access Bank has announced a partnership Partners with Hygeia Health Maintenance Organization (HMO) to improve access to in vitro fertilization.
To achieve this, the bank is offering 30 percent cash back for unsuccessful procedures.
The bank described the partnership as a clear proof of the bank’s commitment to well-being and the provision of quality health care services to women.
In vitro fertilization is a method of treating infertility in which an egg is surgically removed from the ovary and fertilized outside the body.
The partnership is supported by the Access Bank’s “W” Initiative flagship product – Maternal Health Service Support (MHSS) which was designed to provide financial assistance to families to overcome financial challenges in their quest for parenthood and healthcare.
MHSS is a financing scheme which supports local and international treatments including fertility treatments, natal support, and other specialized procedures such as hysterectomy (uterus removal), myomectomy (fibroid removal), dental, bariatric, orthopedic treatments and so on.
Mr Victor Etuokwu, Executive Director, Personal Banking Division of Access Bank Plc, Victor Etuokwu, reiterated that “Access Bank has a focus on women and has developed value propositions that cater to their financial and lifestyle needs.
He further said “Through the Maternal Health Service Support, we have helped scores of women complete their families and access quality healthcare by financing medical and fertility treatments amongst others.”
Head of Business Development and Strategy at Hygeia HMO, Obinna Ukachukwu, said: “Hygeia is a health insurance company that is involved in improving health care in Nigeria and Africa by deploying global best practices. It is not just an HMO but a healthcare solutions provider that identifies unique healthcare problems in Nigeria and develop solutions to solve them.”
In line with the partnership agreement, access bank will provide financial support to cover post investigation, technical fees, drugs, donor eggs and donor sperm cells as required in each case.