Wella Medical Aid Society (WEMAS) – a company wholly owned by Wella Holdings Limited in Malawi – has given back 25 percent of annual medical cover premiums for Victoria Gardens Academy.
Since it started its operations on April 1, 2024, WEMAS has been giving back cash to its customers who have claimed less than 25 percent of their annual medical cover premiums, a development that helped it gain a reputation for being forward-thinking medical scheme that has the ability to deliver unparalleled medical services in Malawi.
Speaking last week during a cheque presentation at Atsikana Pa Ulendo at Nsaru in Lilongwe Rural, WEMAS Chief Operations Officer, Gift Nyahundi, said reiterated the company’s commitment to fulfilling its promises made a year ago to its members after meeting all the criteria, including 25 percent of the annual contributions among members who qualified for the cashback initiative.
Nyahundi encouraged all Malawians to obtain medical insurance services from WEMAS in any category, whether corporate, pensioners, or family medical scheme.
He stated that this would help Malawians access good health services from hospitals locally and internationally for the betterment of the nation.
“As WEMAS we are here to provide medical insurance services to all Malawians to access health services in categories such as corporate Mtende with no limited hospitals and provide international treatment as well as with 25 percent annual cash back with free funeral benefit amounting to K1 million. The Moyo category has limited hospitals with 25 percent cash back, free funeral benefit amounting to 700 thousand kwacha and no shortfalls 100 percent cover. Thanzi has limited hospitals targeting government hospitals and Mission hospitals, no shortfalls 100 percent cover with free funeral benefit amounting to K500, 000,” said Nyahundi.
In his remarks, head teacher for Victoria Gardens Academy, Chimwemwe Katola, thanked the society for providing the cashback and urged more people to join the company to prioritize health saying this, in turn, would help create wealth and economic empowerment.
“We are very excited to receive the cash back. Initially, we thought it was a joke or a mere marketing strategy, but today we have witnessed the cheque presentation ceremony. I would like to encourage more Malawians to join WEMAS because our health is our wealth. Prioritizing health can lead to creating wealth, as only healthy people can be productive contributors to our economy,” said Katola.
WEMAS provides a Pensioners Medical Scheme to cater to the healthcare needs of elderly people but does not cover those above 55 years old.
This scheme offers three categories, including premier, standard, and bronze, providing flexibility and choice to members. In addition, the scheme offers generous medical benefits and free funeral cover of up to 1 million kwacha.
WEMAS further, offers a Family Medical Scheme designed to provide quality healthcare to families at an affordable monthly premium.
This scheme comprises three levels of cover, namely Mtende Cover, Moyo Cover, and Thanziplus Cover.
The scheme described provides its members with the flexibility to select a cover that suits their financial capabilities.
Families also have the opportunity to receive a reward for good health by being able to cash out up to 25 percent of their annual premium. This option is available to families who utilize less than 25 percent of their annual premium for medical treatments, whether it is locally or internationally.
The Society is a professionally managed medical scheme that aims to offer exceptional and innovative health insurance services in Malawi.
WEMAS also specializes in providing administrative services to organizations that manage their own internal medical schemes. These in-house schemes can benefit from the expertise of WEMAS staff and their established systems for medical service provision.
Currently, WEMAS holds the fourth position among seven medical scheme companies in the country, boasting over 5,000 members.
The company aims to expand its membership base to over 20,000 members nationwide.