SOMALIA GOVERNMENT IN PARTNERSHIP WITH BARAKA INSURANCE LAUNCHES PIONEER HEALTH INSURANCE SERVICE

In a country like Somalia where achieving universal health coverage (UHC) and ensuring adequate healthcare financing is a challenge, what better way to curb this challenge than a partnership with a private sector to provide health insurance service for its populace. Universal health coverage (UHC) ensures all people have access to needed health services of sufficient quality without suffering financial hardship, and this is what the launch of the insurance service provides.

On Friday, the 2nd of February, 2024, an insurance service was launched at the Mogadishu Ceremony by Dr. Ali Hajiadam Abubakar, the federal Minister of Health who referred to the insurance scheme as a great opportunity to access quality healthcare and prevent diseases. He also mentioned that the government's involvement will be in terms of support and regulation to ensure its sustainability and transparency.

In attendance were government officials, bank representatives, hospital managers, and scholars who praised the innovation thus, serving as a collaborative effort towards the improvement of healthcare for the Somali people.

The insurance service known as Baraka Aaliye Care is a product of Baraka Insurance, a private owned company headed by Sakariya Ibrahim. This service offers a variety of packages, ranging from basic to comprehensive, depending on the needs and budget of the consumers. It is also affordable and infact, enrolling as a member or beneficiary of the service is way easier. The Baraka Aaliye Care insurance service is a part of a broader Private Sector Partnerships for Health (PSPH) project which was supported by the Swiss Development and Cooperation whose Memorandum of understanding was signed with the Swiss development agency for its completion in January 2022. The project's major aims include to strengthen the health system by enhancing private healthcare financing and service delivery; to improve access to quality and affordable healthcare for all Somalis, not excluding the most disadvantaged.

Founded in 2018, Baraka Insurance operates on the principles of cooperative insurance in compliance with Islamic Shariah laws. With a focus on mutual protection and profit sharing, the company offers a wide range of protection plans, including medical, motor takaful, and home coverages, among others. Central to its ethos is the concept of Takaful, signifying collective responsibility and solidarity in contributing to the well-being of others.