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Saturday, August 19, 2006

Africa Health Insurance Fund



The Dutch Minister of Development Cooperation, Mrs. Agnes van Ardenne, and the former CEO of AEGON, Kees Storm, chairman of the Health Insurance Fund (HIF), have commenced a pioneering initiative for a new health insurance fund for Africa in the presence of the top of the Dutch business community. The HIF will introduce a new, innovative insurance fund for African countries that will enable low-income groups to receive collective health insurance through a premium subsidy.

During a meeting in Amsterdam today of The Large Enterprise, a collaboration of the top of the Dutch business community focused on the fight against HIV/AIDS, the Dutch Minister of Development Cooperation, Mrs. Agnes van Ardenne, and HIF chairman Kees Storm will symbolically sign a first insurance policy. Minister van Ardenne also will hold up the HIF with the amount of 100 million Euros for the next six years. Research by both the World Bank and the WHO has shown that the execution of a health insurance fund is vital for a properly functioning healthcare system in Africa.

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