This archive report was first published on 22 June 2020.
June 22, 2020 - Nairobi's Jubilee Insurance has sparked a debt war with Nairobi Hospital after denying claims that it owes the hospital Sh357 million.
The hospital had announced that it had dropped Jubilee Insurance from its list of cover providers over the alleged debt, which it claims dates back to 2018.
However, in a statement, Jubilee Insurance said that the hospital failed to provide justification for some bills amounting to Sh80 million.
“The dispute arising from the failure of the hospital to provide justification for some bills adding up to about Sh80 million compared to an approximate business of Sh1 billion per year,” reads the statement.
The insurer further stated that transparency in billing is vital to ensure that all client’s funds entrusted to them are aptly and prudently utilized.
According to Nairobi Hospital, the bills originated from 2018 and 2019 packages, including Sh33 million and Sh47.8 million, and since the beginning of 2020, Jubilee owes the Hospital Sh96 million.
