daily chronicles business news Archives

NHIF Hikes Monthly Contributions in New Proposed Changes

17Feb

By Nasra HusseinNo Comments

Business, local news

NHIF Hikes Monthly Contributions in New Proposed Changes

The National Hospital Insurance Fund has increased the monthly contributions for Kenyans earning more than Ksh100,000 in their latest proposed changes. According to new regulations published by NHIF on Wednesday, February 16, those earning more than Ksh100,000 will have to pay 1.7 percent of their gross salary. This is in contrast to the current policy whereby they pay a fixed monthly contribution of Ksh1,700. The monthly contributions for informal workers are still capped at Ksh500. The regulations will be implemented if Parliament approves the changes. Those earning Ksh200,000 will have to part with Ksh3,400- up from the current Ksh1,700 indicating a double increment. In addition, Kenyans earning Ksh500,000 will pay five-fold (Ksh8,500 from the curr...

Uber Adds new feature let you see how many one-star ratings you got

17Feb

By Nasra HusseinNo Comments

Business

Uber Adds new feature let you see how many one-star ratings you got

Uber on Wednesday announced that it will help clear up some of the confusion when it comes to the passenger’s average rating. For years, Uber drivers have been rating their passengers, but now the riders will be able to see their ratings- how many times you were awarded a 5-star rating as well as how many times you got a one-star. The ratings will not only help you but also help inform other drivers' decisions on whether to accept your request. The rating breakdown will be available to all Uber users in the privacy center, which is accessed by logging in to the account online or in the application. Here are the steps to follow to access the privacy center and rating breakdown in the app: In the settings menu, tap privacy and then privacy centerIn the privacy center, swi...

NHIF to cut benefits in cost saving plan

24Sep

By Nasra HusseinNo Comments

Business

NHIF to cut benefits in cost saving plan

Renal dialysis, major surgeries and diagnostics tests such as MRI and CT-scans top the list of benefits that the National Hospital Insurance Fund (NHIF) aims to cut in a drive to reduce payouts. The State-backed insurer’s cost-cutting drive will reduce payouts to hospitals by at least Sh2.9 billion in the year to June 2022, forcing thousands of beneficiaries to top-up for their medical bills. The maximum cover for MRI scan will be reduced to Sh9,600 from the current Sh15,000 per session while settlement of CT-scans is set to be capped at Sh6,000 from Sh8,000. The average payout for renal dialysis will fall to Sh6,000 from the current Sh9,500 if the proposals are approved, hurting Kidney patients as the NHIF seeks to reduce bills for the weekly procedure by Sh1 billion annuall...

Kenya Power unveils customer self-service portal.

21Jun

By Nasra HusseinNo Comments

Business

Kenya Power unveils customer self-service portal.

Kenya Power has launched a self-service portal to enable customers to conveniently apply for electricity connections from the comfort of their locations. Customers can use Kenya Power’s mobile phone App ‘My Power’ to apply for electricity or visit the self-service portal using a computer or a mobile phone. In a statement, Kenya Power Managing Director and CEO Bernard Ngugi said that when making their applications, customers will be required to submit land/property ownership documents, ID cards and PIN certificates through the portal. Once they apply, customers will get a reference number instantaneously that they can use to proactively query and track their application status via USSD code *977#. “The portal is in line with one of the Company’s core strateg...