How Financial Services Companies Are Moving Into The Healthcare Sector
Earlier in July, ACCESS Health International Southeast Asia hosted the webinar “How Financial Services Companies are Moving into the Healthcare Sector.” The conversation was moderated by Director of Business Adrienne Mendenhall.
Until recently, most health financing options have been offered solely by conventional financial institutions, such as banks and large insurance companies. But in recent decades, innovative financing mechanisms have emerged, offered by digital financial services companies who design the products and platforms specifically with the patient’s needs in mind.
Microfinance institutions (MFI), insurtech, and payments companies – among others – are now entering into the healthcare industry to offer efficient, user-friendly, and affordable health financing options. These mechanisms and more were discussed by a panel of experts: Daniel Shrestha, Managing Director of Cogent Health; Annie Wang, Health Director – Asia of Opportunity International Australia; Ian W. Porteous, Regional Coordinator at ACCESS Health International; and Dr Eugene Hong, Executive Director of Institutional Banking Group.