10 affordable ‘Health Insurance’ options Lagosians can rely on

Access to quality healthcare is a fundamental human right, yet many Lagosians still struggle with the financial burden of hospital visits, medications, and emergencies. With Nigeria’s ever-evolving health sector and increasing medical costs, health insurance is no longer a luxury; it’s a necessity.

What is the meaning of health insurance?

Health insurance is a contract between an insurer and an individual or group, where the insurer agrees to cover specified medical expenses in exchange for a premium.

How much is Health insurance in Nigeria?

In Nigeria, insurance costs vary widely. Health insurance ranges from N5,000 to N50,000 (or more) annually, depending on coverage and provider.

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But here’s the good news: There are several affordable health insurance options available right here in Lagos.

Whether you’re self-employed, a student, a civil servant, or running a small business, you don’t have to break the bank to stay protected.

Here are 10 health insurance schemes that offer excellent value for money to residents of Lagos.

1. Lagos State Health Scheme (ILERA EKO)

Cost: Starting from ₦8,500 per person annually

Provider: Lagos State Health Management Agency (LASHMA)

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The Lagos State Government launched ILERA EKO as a public health insurance scheme to ensure every Lagosian, regardless of income, can access basic healthcare.

What’s covered?

Consultation and treatment for common illnesses, Maternal care; including delivery, Medications, Immunisation, Childhood illnesses

With over 222 accredited hospitals across Lagos and affordable family plans, this is one of the most inclusive insurance schemes in Nigeria.

2. Hygeia HMO

Cost: ₦12,000 – ₦65,000 annually (Basic to Premium Plans)

Hygeia is one of Nigeria’s longest-standing HMOs and has plans for individuals, families, and SMEs.

Coverage includes: Doctor consultations, Hospital admissions, Surgeries, Antenatal and postnatal care, Dental and optical services (on premium plans)

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They also offer telemedicine services, which are a huge plus for busy Lagosians.

3. AXA Mansard Health

Cost: Starting from ₦10,000 per year

AXA Mansard’s MyAXA health plans are flexible and digital-friendly. The Lite plan costs just ₦833 monthly and offers basic coverage.

Coverage includes: Doctor consultations, Basic lab tests, Emergency care, Minor surgeries, Specialist referrals

It’s a strong option for individuals who prefer mobile or online access to healthcare.

4. Reliance HMO

Cost: From ₦3,500 monthly

Reliance HMO is one of the most user-friendly platforms in Nigeria. With its mobile-first model, users can get insured in minutes and monitor usage through the app.

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Key features: Monthly payment structure, Dental & optical coverage (from ₦5,000 plan upwards), Access to over 1,500 hospitals nationwide, Instant doctor chat

5. Avon HMO

Cost: ₦20,000 – ₦60,000 per annum

Backed by the Heirs Holdings Group, Avon HMO offers value-rich plans for individuals and families. They also cover special plans for women and expectant mothers.

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Coverage includes: General outpatient services, Maternity care, Specialist consultations, Family planning, Ambulance services.

Their health partners include reputable hospitals like Lagoon, Reddington, and St. Nicholas.

6. Leadway Health

Cost: ₦20,000 per year (Basic Plan)

Leadway Health is a branch of Leadway Assurance and offers tiered health plans, starting from the Basic to Prime options.

Included services: Health screenings, 24/7 emergency services, Maternity and child health, Chronic disease management

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Leadway Health also provides corporate packages, making it ideal for SMEs and growing companies.

7. MetroHealth HMO

Cost: ₦18,000 – ₦35,000 annually

A Lagos-based HMO that prioritises affordability and flexibility, MetroHealth has built a niche for the middle-income bracket.

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What you get: Preventive healthcare, Diagnostic tests, Hospital admissions, Daycare surgeries, Family planning. Their family plans provide better cost-per-person options.

8. Reddington Health Plan

Cost: ₦25,000+ annually

Though slightly more premium, the Reddington Health Plan offers access to one of Lagos’s top private hospitals.

What’s covered: Full access to Reddington hospitals, Inpatient and outpatient services, Emergency response, Advanced diagnostic services. This plan is perfect for Lagosians looking for high-end private care at manageable pricing.

9. Total Health Trust (THT)

Cost: ₦15,000 and above per annum

THT is a trusted HMO under the Liberty Health brand. They operate in Lagos and across the country, making them ideal for inter-state workers.

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Services offered: Health check-ups, Eye & dental care (on select plans), Maternal and child health, Occupational health for businesses.

10. Mediplan HMO

Cost: ₦10,000+ per year

Mediplan is known for serving cooperatives, trade associations, and unions. Their plans are budget-friendly and tailored for group enrollments.

Highlights: Coverage for minor surgeries, Medications, Emergency care, Extended cover for dependents

Choosing the Right Health Insurance: What you must consider

When picking a health insurance plan, price alone shouldn’t be the deciding factor. Lagosians should also consider: Proximity of hospitals, Type of illnesses covered, Emergency response capabilities, Chronic disease support and Online or mobile service convenience.

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Also, ask your employer or association if they have group HMO deals, you could get better rates and more comprehensive coverage.

Health Insurance is an Investment, not a cost

With the unpredictability of life in a bustling city like Lagos, traffic stress, pollution, and high medical bills, being uninsured can be risky.

Fortunately, the options listed above show that affordable healthcare coverage is within reach.

Whether you’re a university student, okada rider, teacher, entrepreneur, or salary earner, there’s a health insurance plan designed for your needs and budget. Protect your future. Invest in your health today.