News Asia23 Jan 2025

Pakistan:Khyber Pakhtunkhwa mulls establishing its own insurance company

| 23 Jan 2025

Khyber Pakhtunkhwa (KP) regional government is considering establishing its own insurance company to manage various insurance initiatives, including the Sehat Card Plus programme.

KP finance advisor Muzammil Aslam said that the proposed insurance company would focus on ensuring the smooth functioning of health insurance schemes and other related projects of the regional government.

Mr Aslam said that the Sehat Card Plus programme aims at introducing biometric verification systems to enhance transparency and reduce the risk of corruption within the healthcare initiative.

He further highlighted that over the past nine months, more than PKR30bn have been allocated for the Sehat Card Plus programme. The KP government in October 2024 had approved seven major flagship projects including life insurance cover for the entire population of the province.

This reflects the provincial government’s commitment to  the welfare of its citizens and its dedication to implementing public welfare initiatives effectively.                                                                    

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