# Medical Mobile Savings Accounts The M-Tiba Mobile Money System Lets You Save Funds for Health Care By Alyson Wyers | Published 2017-05-29 | Lifestyle Source: Trend Hunter, https://www.trendhunter.com/trends/mobile-money-system References: [fastcompany](https://www.fastcompany.com/40401185/a-rugged-box-of-high-tech-educational-materials-and-other-world-changing-developing-world-technology) & [m-tiba.co.ke](http://m-tiba.co.ke/) This mobile money system helps people save specifically for medical expenses. Modelled after Kenyan telemedicine platform M-Pesa, M-Tiba is a [mobile savings account for health care](https://www.trendhunter.com/trends/cash-flow-and-capital). PharmAccess allows people to save funds for emergency situations. It can also be used for aid groups to more efficiently [distribute finances directly](https://www.trendhunter.com/trends/innovative-payment-app). The service "allows anyone to send, save and spend funds specifically for medical treatment." Funds stored in their accounts can only be accessed by [partner hospitals and clinic facilities](https://www.trendhunter.com/trends/healthcare-delivery-model). So far over 300 health care providers have agreed to accept payments through the mobile money system. Users could also use the savings to empower loved ones to live a healthier life by ensuring they have access to licensed health care centers. ## Trend Insights (Trend Hunter) - Score: 0.6/10 - Popularity: 4% | Activity: 6% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Lifestyle](https://www.trendhunter.com/lifestyle) > [Health](https://www.trendhunter.com/health) ## Key Themes ### What Makes This Trend Stand Out - **Mobile Money Systems for Healthcare:** Disruptive innovation opportunity: Develop a mobile money system that allows people to save specifically for healthcare expenses, providing a more convenient and efficient way to manage medical savings. - **Telemedicine Platforms:** Disruptive innovation opportunity: Explore the development of telemedicine platforms like M-Pesa and M-Tiba, which enable remote healthcare services and financial transactions for medical treatment. - **Efficient Financial Distribution for Aid Groups:** Disruptive innovation opportunity: Create a system that allows aid groups to distribute finances directly and more efficiently to individuals in need, such as the PharmAccess model. ### Sectors Adopting This - **Healthcare:** Disruptive innovation opportunity: Implement mobile money systems and telemedicine platforms in the healthcare industry to improve access, affordability, and convenience for patients and healthcare providers. - **Financial Technology (fintech):** Disruptive innovation opportunity: Integrate mobile money systems with healthcare needs within the fintech industry, enabling secure and transparent financial transactions for medical purposes. - **Nonprofit and Aid Organizations:** Disruptive innovation opportunity: Develop efficient financial distribution systems for nonprofit and aid organizations, allowing them to directly support individuals in need, like the PharmAccess model for emergency situations. ## Related on Trend Hunter - [Global Healthcare Access](https://www.trendhunter.com/trends/safemedicaltravel.md) - [Secure Medical Record Apps](https://www.trendhunter.com/trends/medical-records-platform.md) - [Africa-Focused Digital Wallets](https://www.trendhunter.com/trends/abba-payments.md) - [Text-to-Pay Prescription Services](https://www.trendhunter.com/trends/emporos-patient-pay.md) - [Comprehensive Online Healthcare Plans](https://www.trendhunter.com/trends/clinikk-smart-plan.md) - [Savings-Focused Youth Accounts](https://www.trendhunter.com/trends/absa-bank-tanzania.md) - [Financial Control Tools](https://www.trendhunter.com/trends/isave.md) - [Chronic Care Management](https://www.trendhunter.com/trends/meeval-care.md) - [Unlimited Telemedicine Services](https://www.trendhunter.com/trends/embarq-heath.md)