Why IRA, RBA plan lifetime medical cover for retirees

Author: Patrick AlushulaPublished on: October 22, 2026Country: Kenya

HealthBusiness & Economy

Why IRA, RBA plan lifetime medical cover for retirees

Kenya’s Insurance Regulatory Authority (IRA) and Retirement Benefits Authority (RBA) plan to introduce lifetime medical cover for retirees. Pensioners would be able to pay for the cover from their accumulated post-retirement medical savings. The regulators say the plan is intended to reduce the risk of retirees exhausting their funds, which they say is common with the current model of buying annual medical cover.

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