Abstract:
This study seeks to find out the employees’ perception on health insurance influencing the company performance. A joint methodology of questionnaire survey, documentation observation and interview were used for data collection. The research method used consisted of self-administered questionnaire and interview which were set with IPP employees, employers and NHIF, NSSF employees on managerial position. This paper combines a significant literature review with primary data collected from various employees. In this research about 80 respondents identified that health insurance has influence on company performance and major impact into their daily life, which include increase of their productivity in their companies, cost reduction on turnovers and enable them to work confidently in good working environment. However, there were many possibilities for employers to gain more advantages by covering their employees with health insurance into their companies. but they were having obstacles which hinder many companies/ organization to purchase health insurance to their employees these were due to high turnover of employees especially the offices/ companies found in rural areas, high costs introduced by the insurance agencies as the employee and employer has to contribute, the employers found the running cost of the companies are high compared to output hence tend to reject health insurance for their employees. Therefore this result suggested that these employees require support from the government as the health insurance must be provided to all employees in the company. This support could be in terms of education, developing new tools and methods to manage all employers to purchase health insurance for their workers, and the insurance companies to do not consider it as a profit gaining company, especially the social fund NSSF and NHIF. The study puts forward recommendations to both employers and national health companies. There should be a well-articulated policy which will focus to encourage employers to purchase health insurance to their workers and self -employed should purchase health insurance for themselves and their families. The researcher really hopes that the output from this research study will be of practical use to Employees and employers.
