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2 Pages<12
Jubilee Insurance FY 2018.....Anyone ?
Ericsson
#21 Posted : Friday, January 24, 2020 5:11:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
Chaka wrote:
Ericsson wrote:
Jubilee Insurance To Fire 52 Of Its Full-time Employees

https://sokodirectory.co...ts-full-time-employees/

Fire would imply wrongdoing by employee?Laid off sounds better..


Sugar coating,they should just admit tough economic times.When you seperate it means more roles will be created since each unit will be independent instead of shared roles.
When companies merge is when redundancies come about.
Ericsson
#22 Posted : Saturday, June 20, 2020 10:07:59 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
VituVingiSana
#23 Posted : Saturday, June 20, 2020 11:52:31 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,108
Location: Nairobi
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#24 Posted : Sunday, June 21, 2020 7:11:22 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering
obiero
#25 Posted : Sunday, June 21, 2020 12:16:04 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,771
Location: nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
Ericsson
#26 Posted : Sunday, June 21, 2020 12:35:05 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle


Jubilee Insurance of late have many issues.
VituVingiSana
#27 Posted : Sunday, June 21, 2020 6:59:16 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,108
Location: Nairobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
peep
#28 Posted : Monday, June 22, 2020 5:27:36 PM
Rank: Member


Joined: 3/30/2009
Posts: 56
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.

Better still they should move all high networth business from Nrb Hsp. to AKUH. That way they will be in full control
VituVingiSana
#29 Posted : Monday, June 22, 2020 7:26:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,108
Location: Nairobi
peep wrote:
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.

Better still they should move all high networth business from Nrb Hsp. to AKUH. That way they will be in full control
Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#30 Posted : Tuesday, June 23, 2020 6:37:27 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
VituVingiSana wrote:
peep wrote:
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.

Better still they should move all high networth business from Nrb Hsp. to AKUH. That way they will be in full control
Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.


Do you want to say AKUH who is a member of the Jubilee family doesn't over-bill and commit fraud as you have stated.
Your argument holds no water,at this point we don't know between Nrb hospital and Jubilee who is right.
Ericsson
#31 Posted : Tuesday, June 23, 2020 6:39:07 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
peep wrote:
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.

Better still they should move all high networth business from Nrb Hsp. to AKUH. That way they will be in full control

That ain't possible.
VituVingiSana
#32 Posted : Tuesday, June 23, 2020 9:38:28 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,108
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
peep wrote:
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.

Better still they should move all high networth business from Nrb Hsp. to AKUH. That way they will be in full control
Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.


Do you want to say AKUH who is a member of the Jubilee family doesn't over-bill and commit fraud as you have stated.
Your argument holds no water,at this point we don't know between Nrb hospital and Jubilee who is right.
English is a difficult language to master.

Let me try again.

Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#33 Posted : Tuesday, June 23, 2020 9:52:58 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
peep wrote:
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.

Better still they should move all high networth business from Nrb Hsp. to AKUH. That way they will be in full control
Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.


Do you want to say AKUH who is a member of the Jubilee family doesn't over-bill and commit fraud as you have stated.
Your argument holds no water,at this point we don't know between Nrb hospital and Jubilee who is right.
English is a difficult language to master.

Let me try again.

Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.


We don't know between Jubilee and Nrb hospital who is right.
Angelica _ann
#34 Posted : Tuesday, June 23, 2020 10:34:45 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,604
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
peep wrote:
VituVingiSana wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Nairobi Hospital drops Jubilee from its list of cover providers.
Hospital says it is claiming ksh.357mn from provider.
Jubilee has responded, saying NH isn't providing disclosures on bills/charges.

Patients/customers under Jubilee medical cover are the ones now suffering

Jubilee seems justified. Nairobi Hospital may come off worse in this battle
Jubilee Insurance of late have many issues.
Someone has to take up the mantle to stop the fraud and ambulance chasing. As the largest (or top 3) medical insurer, it makes sense to do so.
Mohammed Hersi wrote a FB post on this.

Better still they should move all high networth business from Nrb Hsp. to AKUH. That way they will be in full control
Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.


Do you want to say AKUH who is a member of the Jubilee family doesn't over-bill and commit fraud as you have stated.
Your argument holds no water,at this point we don't know between Nrb hospital and Jubilee who is right.
English is a difficult language to master.

Let me try again.

Stopping over-billing, fraud and "ambulance-chasing" has to happen across all hospitals. Others e.g. APA, CIC, OM, etc should JOIN Jubilee.


We don't know between Jubilee and Nrb hospital who is right.


Anybody who has been to any of these hospitals mostly high end know that Jubilee is right. Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#35 Posted : Sunday, June 28, 2020 6:39:47 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
Ericsson
#36 Posted : Tuesday, June 30, 2020 12:41:51 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,576
Location: NAIROBI
Jubilee Holdings is set to acquire an extra 9.5% stake in Bujagali Energy limited at a cost of ksh.4.2bn.
Transaction will increase Jubilee shareholding in the power company from 8.8% to 18.24%
watesh
#37 Posted : Tuesday, June 30, 2020 2:16:18 PM
Rank: Member


Joined: 8/10/2014
Posts: 825
Location: Kenya
Ericsson wrote:
Jubilee Holdings is set to acquire an extra 9.5% stake in Bujagali Energy limited at a cost of ksh.4.2bn.
Transaction will increase Jubilee shareholding in the power company from 8.8% to 18.24%

Solid stable investment.
kmucheke
#38 Posted : Tuesday, June 30, 2020 3:48:15 PM
Rank: New-farer


Joined: 3/16/2019
Posts: 55
watesh wrote:
Ericsson wrote:
Jubilee Holdings is set to acquire an extra 9.5% stake in Bujagali Energy limited at a cost of ksh.4.2bn.
Transaction will increase Jubilee shareholding in the power company from 8.8% to 18.24%

Solid stable investment.


Quote:
From Wikipedia Bujagali Energy Limited page

As of September 2016, the shareholders in BEL were as listed in the table below:
1.Jubilee Investment Company 25.0%
2.Government of Uganda 10.0%
3.SN Power AS 45.0%
4.Industrial Promotion Services 10.0%
5.Aga Khan Fund for Economic Development 10.0%


Anyone know when the shareholding changed?
Isn't the Aga Khan involved in like 3 of the 5 entities involved listed above?
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