Streaming issues? Report here
Refilwe Moloto 2019 1500 BW Refilwe Moloto 2019 1500 BW
Breakfast with Refilwe Moloto
06:00 - 09:00
volume_up
volume_mute

Up Next: Today with Kieno Kammies
See full line-up
Breakfast with Refilwe Moloto
06:00 - 09:00
Home
arrow_forward
Business
fiber_manual_record
Lifestyle

Can’t afford medical aid? Enter the Oyi medical card (it even pays for sangomas)

29 January 2020 11:36 AM
Tags:
Medical aid
Healthcare costs
Medical insurance
Fintech
Abongile Nzelenzele
private healthcare
medical savings
Oyi
Tami Ngalo

Proudly South African fintech firm Oyi has created a prepaid medical card to plug a huge gap in the market.

The Oyi medical card is a savings card, restricted to medical spending, that allows private access to healthcare.

All doctors and pharmacies accept them; you are not limited to a networked service provider.

Members may use it to pay for medical services such as scans, tests, physiotherapy, biokinetics, psychology, etc.

There’s no waiting period and no claiming; access is immediate.

Oyi aims the card mainly at employers with staff members not covered by medical aid.

Members may choose how much money they load on the card – whether monthly or as a lump sum.

The card can also complement an existing medical aid.

Savings may be used towards copayments.

Abongile Nzelenzele interviewed Tami Ngalo, CEO of Oyi.

You can use it for the entire household! You can go to doctors, pharmacies, optometrists and, even, sangomas… It’s available to the people on the street or employers…

Tami Ngalo, CEO - Oyi

The money is safe… the funds are in good hands!

Tami Ngalo, CEO - Oyi

We built the product from the ground up. It’s our technology - 100% South African!

Tami Ngalo, CEO - Oyi

The monthly administration fee is R20 per month… There’s no minimum balance… We don’t offer interest, but we’re working on something…

Tami Ngalo, CEO - Oyi

For more detail, listen to the interview in the audio below.


29 January 2020 11:36 AM
Tags:
Medical aid
Healthcare costs
Medical insurance
Fintech
Abongile Nzelenzele
private healthcare
medical savings
Oyi
Tami Ngalo

More from Business

Ferrari

I collect cars. I’m a big Aston Martin and Ferrari guy - Vusi Thembekwayo

3 August 2020 8:06 PM

Bruce Whitfield interviews Vusi Thembekwayo about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

gay-couple-parents-baby-interracial-relationship-family-adoption-surrogacy-123rf

How to gain a sense of purpose and spark 'outrageous achievement'

3 August 2020 7:36 PM

"When your thoughts are centred around the meaning of your life, you unleash immeasurable power,” says author Richard Wright.

Share this:
Read More arrow_forward

TikTok 123rf 123rfbusiness 123rfworld 123rflifestyle

Microsoft wants to buy TikTok. Donald Trump gives it 45 days to negotiate

3 August 2020 7:23 PM

[EXPLAINED] The Money Show’s Bruce Whitfield interviews Craig Wilson, Editor at Stuff Magazine.

Share this:
Read More arrow_forward

Nigeria flag nigerian 123rf 123rfAfrica 123rfBusiness

Shoprite pulls the plug on Nigeria (pop 206m) – trouble for SA companies abroad?

3 August 2020 6:34 PM

Shoprite is exiting the oil-rich but spending-money-poor nation. Bruce Whitfield interviews Dianna Games (Africa At Work).

Share this:
Read More arrow_forward

Candle Eskom 123rf 123rfbusiness 123rflifestyle

Eskom want its stolen money back – from Koko, Molefe, Singh (etc) and the Guptas

3 August 2020 6:27 PM

The process to recover the looted billions has begun. Bruce Whitfield talks to Steven Powell, Director in Forensics at ENS Africa.

Share this:
Read More arrow_forward

limpopo-shacksjpg

Limpopo's R2.4m tin shack flop 'insulting' says CEO whose tender bid was snubbed

3 August 2020 11:35 AM

Limpopo Premier Stan Mathabatha has come under fire for launching an embarrassing shack settlement, costing R2.4m for 40 shacks, last week.

Share this:
Read More arrow_forward

cigarette-pack-smoker-tobacco-product-addiction-packet-smokes-smoking-123rf

British American Tobacco SA prepares for court showdown with govt on Wednesday

2 August 2020 10:42 AM

British American Tobacco SA (BAT SA) will be challenging the constitutionality of the tobacco ban in the Western Cape High Court.

Share this:
Read More arrow_forward

123rf A pile of two hundred rand notes, South African currency money

Does it sound too good to be true? 7 signs that it's a dodgy get-rich-quick scam

1 August 2020 11:38 AM

Consumers have been warned to look out for a rise in Ponzi and pyramid schemes as South Africa faces worsening economic conditions.

Share this:
Read More arrow_forward

skywalkpng

Meet the winners of Nedbank Business Ignite, entrepreneurs Siyabonga and Hannah

31 July 2020 11:32 AM

Business growth expert Matsi Modise says choosing the winners was not easy as all the top 20 finalists were exceptional.

Share this:
Read More arrow_forward

kodak-filmjpg

Kodak shares soar as it pivots to manufacturing ingredients for Covid-19 drugs

30 July 2020 8:52 PM

Kodak's repositioned itself so well, its share price jumped by more than 30% after already surging over 1000% in two days.

Share this:
Read More arrow_forward

More from Lifestyle

Ferrari

I collect cars. I’m a big Aston Martin and Ferrari guy - Vusi Thembekwayo

3 August 2020 8:06 PM

Bruce Whitfield interviews Vusi Thembekwayo about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

gay-couple-parents-baby-interracial-relationship-family-adoption-surrogacy-123rf

How to gain a sense of purpose and spark 'outrageous achievement'

3 August 2020 7:36 PM

"When your thoughts are centred around the meaning of your life, you unleash immeasurable power,” says author Richard Wright.

Share this:
Read More arrow_forward

fuel-tank-petrol-car-motorist-driving-driver-refuelling-123rf

Here's how much more you'll be paying for fuel come Wednesday

3 August 2020 3:43 PM

South African fuel prices are set to rise on Wednesday, the Department of Energy and Mineral Resources has confirmed.

Share this:
Read More arrow_forward

brutal-school-ties-book-coverpng

Sam Cowen: Book on Parktown Boys abuse uncovers horror caused by code of silence

2 August 2020 12:18 PM

Broadcaster and author Sam Cowen says her book 'Brutal School Ties' is a story about the devastating impact of a code of silence.

Share this:
Read More arrow_forward

123rf A pile of two hundred rand notes, South African currency money

Does it sound too good to be true? 7 signs that it's a dodgy get-rich-quick scam

1 August 2020 11:38 AM

Consumers have been warned to look out for a rise in Ponzi and pyramid schemes as South Africa faces worsening economic conditions.

Share this:
Read More arrow_forward

man-reading-book-grey-hair-outside-garden-123rf

John Maytham's Weekly Book Review: 31 July 2020

31 July 2020 5:52 PM

Beloved Afternoon Drive host John Maytham shares his top books of the week.

Share this:
Read More arrow_forward

airbnb-logo-woman-searching-accommodation-options-travel-home-sharing-123rf

Wesgro CEO criticises ban on 'home-sharing' options for local leisure travel

31 July 2020 12:41 PM

The CEO of Wesgro, the Western Cape tourism, trade and investment promotion agency, says prohibiting 'home-sharing' accommodation doesn't make any sense.

Share this:
Read More arrow_forward

nike-ad-1png

[WATCH] Nike ad hits the mark with Covid-19 message and some astonishing editing

31 July 2020 12:26 PM

During these trying times of the Covid-19 pandemic and effects of lockdowns worldwide, Nike provides a spark of strength and hope.

Share this:
Read More arrow_forward

Retirement planning personal finance 123rfpersonalfinance 123rflifestyle 123rf

What does the contentious Regulation 28 mean for your retirement funds?

30 July 2020 8:23 PM

On The Money Show, finance expert Warren Ingram explains why he believes the pros of the regulation outweigh the cons.

Share this:
Read More arrow_forward

man-suitcase-travel-tourism-hotel-bed-room-accommodation-stay-getaway-123rf

Tourism industry welcomes easing of regulations, 'but we need to do more soon'

30 July 2020 7:38 PM

TBCSA CEO Tshifhiwa Tshivengwa responds to new measures that allow intra-provincial leisure travel and accommodation bookings.

Share this:
Read More arrow_forward