FUNDAFFEMG
FUNDAFFEMG is a non-profit, self-managed (autogestão) health plan operator founded in 1985 by AFFEMG, exclusively serving fiscal employees of Minas Gerais and their dependents (~12,000-13,000 titular beneficiaries) through the Vida e Saúde plan, Espaço Sempre Saúde primary-care clinics, and telemedicine partnerships across Minas Gerais.
- Company typePrivate
- Founded1985
- HeadquartersBelo Horizonte, Brazil
- Headcount—
- GTM typeB2C
- OfferingServices
What FUNDAFFEMG does
FUNDAFFEMG (Fundação AFFEMG de Assistência e Saúde) is a Brazilian non-profit foundation established in 1985 by AFFEMG (Associação dos Funcionários Fiscais do Estado de Minas Gerais) and registered with the Agência Nacional de Saúde Suplementar (ANS) under number 31556-7. Operating as a self-managed (autogestão) health plan operator under Law 9.656/98, it exclusively serves AFFEMG-affiliated public servants and fiscal workers (state and federal auditors, federal police officers, Banco Central analysts, court auditors, and their dependents), covering roughly 12,000-13,000 titular beneficiaries or ~48,000 total lives across Minas Gerais.
The company's core product is the FUNDAFFEMG Vida e Saúde plan, providing ambulatory and hospital coverage with obstetrics through a credentialed network of 1,100+ hospitals, clinics, and laboratories. Around this core, FUNDAFFEMG has built a vertically integrated care delivery layer: the Espaço Sempre Saúde primary-care clinics (11+ locations across Minas Gerais including sites inside Hospital Márcio Cunha via Fundação São Francisco Xavier), specialty clinics for infusion therapy (CIC) and pediatric neurodevelopment (Acolher Neuro), telemedicine through a partnership with Conexa Saúde, and home care services. Technology infrastructure comprises the Portal do Beneficiário (launched 2022), the Portal do Credenciado for provider authorization and TISS-compliant billing, and a mobile application.
Revenue is generated through a mutual-aid cost-sharing model with three streams: age-bracketed monthly contributions (cota, ranging R$359.40-R$2,156.40 for June-August 2026), procedure-based coparticipation, and out-of-network reimbursement. The reserve fund is currently being waived, keeping effective contributions below the actuarial value. Distribution is entirely direct via AFFEMG regional offices and a centralized contact center at (31) 2103-5858, with no brokers or agents. Reciprocity agreements with 15+ Unimed cooperatives and 15+ fiscal-worker associations provide nationwide emergency coverage.
FUNDAFFEMG firmographics
Firmographics- Name
- FUNDAFFEMG
- Legal name
- FUNDACAO AFFEMG DE ASSISTENCIA E SAUDE - FUNDAFFEMG
- Website
- https://fundaffemg.com.br
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Short description
- FUNDAFFEMG is a non-profit, self-managed (autogestão) health plan operator founded in 1985 by AFFEMG, exclusively serving fiscal employees of Minas Gerais and their dependents (~12,000-13,000 titular beneficiaries) through the Vida e Saúde plan, Espaço Sempre Saúde primary-care clinics, and telemedicine partnerships across Minas Gerais.
- Ownership category
- akta.pro rank
Where FUNDAFFEMG is headquartered
LocationHeadquarters
- HQ city
- Belo Horizonte
- HQ country
- Brazil
- HQ region
- Latin America
Offices15 records
Markets served
FUNDAFFEMG business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Membership Contributions (Cota): Monthly contributions (cota) paid by beneficiaries based on age bracket, calculated using a mutual-aid cost-sharing model. Contributions ranged from R$359.40 to R$2,156.40 per month as of June-August 2026. An optional reserve fund may be charged.
- Coparticipação (Co-payment): Copayment charged to beneficiaries for specific procedures, consultations, and treatments. Certain services at Sempre Saúde clinics are exempt from coparticipation. Consultations at the online pronto atendimento are exempt until December 2026.
- Reimbursement: Beneficiaries may seek reimbursement for out-of-network care, subject to plan rules and deadlines (90 days). Reimbursement rates are based on the plan's fee schedule.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Up to 18 years — lowest contribution tier |
| Subscription | Monthly | 19–23 years |
| Subscription | Monthly | 24–28 years |
| Subscription | Monthly | 29–33 years |
| Subscription | Monthly | 34–38 years |
| Subscription | Monthly | 39–43 years |
| Subscription | Monthly | 44–48 years |
| Subscription | Monthly | 49–53 years |
| Subscription | Monthly | 54–58 years |
| Subscription | Monthly | 59+ years — highest contribution tier |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
FUNDAFFEMG product offering
Product offeringCore offering
FUNDAFFEMG operates a self-managed (autogestao) supplemental health insurance plan branded Vida e Saude for AFFEMG association members — state fiscal workers and public servants of Minas Gerais, Brazil — and their dependents. The foundation supplements its plan with owned primary care clinics (Espaco Sempre Saude), telemedicine (PA Virtual via Conexa Saude), home care assistance, and specialized clinics (CIC infusion and Acolher Neuro) under a mutual-aid cost-sharing model regulated by ANS under registration 31556-7.
Product overview
FUNDAFFEMG operates as a self-managed health plan operator created by the Association of Tax Employees of Minas Gerais (AFFEMG), offering a single comprehensive product: the FUNDAFFEMG Vida e Saúde health insurance plan regulated by Brazilian Law 9.656/98. The core plan provides ambulatory and hospital coverage with obstetrics across Minas Gerais through a network of over 1,100 credentialed providers. Around this core offering, FUNDAFFEMG delivers the Sempre Saúde program—a suite of health prevention and promotion services including dedicated primary care clinics (Espaço Sempre Saúde), specialized infusion and neurodevelopment clinics, telemedicine via the PA Virtual platform, and home healthcare services. Digital access is provided through the Portal do Beneficiary for members and the Portal do Credenciado for providers, all integrated with third-party telemedicine platform Conexa Saúde for online consultations.
Differentiator
Problem solved
Functional benefit
Products and services
- FUNDAFFEMG Vida e Saude Core supplemental health insurance plan operated by FUNDAFFEMG under a mutual-aid (autogestao) model, registered with ANS under registration 31556-7, providing coverage to AFFEMG-affiliated state fiscal workers, auditors, retirees, and their dependents in Minas Gerais.
- Sempre Saude Prevention and primary care program that enables direct scheduling of consultations and exams for FUNDAFFEMG members, operating without coparticipation to encourage preventive utilization.
- Espaco Sempre Saude Owned network of primary care clinics providing multidisciplinary, humanized care with no coparticipation, including preventive care, urgent care, and specialty consultations for FUNDAFFEMG members.
- PA Virtual Telemedicine service powered by Conexa Saude providing remote consultations to FUNDAFFEMG members, with urgent care offered without coparticipation through 31 December 2026.
- Assistencia Domiciliar Home-based care service for FUNDAFFEMG members requiring in-home medical attention, complementing the ambulatory and inpatient plan benefits.
- Clinica de Infusao Compartilhada (CIC) Specialized clinic providing shared infusion therapies for FUNDAFFEMG members, enabling cost-efficient delivery of high-cost injectable and infusional treatments.
- Clinica Acolher Neuro Specialized clinic dedicated to care of neurodiverse children, including those with autism spectrum conditions, supporting FUNDAFFEMG members' families with targeted therapeutic services.
Quantifiable outcome
- 95% Net Promoter Score (NPS) satisfaction rating
- +2 more outcomes
Companies that use FUNDAFFEMG
Customer profileSegments2 records
Ideal customer profiles1 record
FUNDAFFEMG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
FUNDAFFEMG partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core, minor and flagship.
- Unimed (various regional operators)coreReciprocity agreements (Convênio de Reciprocidade) with 12 regional Unimed operators across Brazil — Além Paraíba, Caratinga, Conselheiro Lafaiete, Intrafederativa Sul de Minas, Itaúna, Itajubá, Muriaé, Noroeste de Minas (Paracatu), Vale do Urucuia (Unaí), Vertente do Caparaó (Manhuaçu), Ubá, Uberaba, and Uberlândia — enabling beneficiaries to access urgent/emergency care outside FUNDAFFEMG's geographic area.
- ASSEFAZ — Fundação Assistencial dos Servidores do Ministério da FazendaminorReciprocity agreement allowing cross-access between health plans serving public servants.
- PASA — Plano de Assistência à Saúde do Aposentado da ValeminorReciprocity agreement for out-of-area access.
- AFRESP — Associação dos Agentes Fiscais de Rendas do Estado de São PaulominorReciprocity agreement under the Fisco Saúde network for cross-access between fiscal worker health plans.
- AFFEGO — Associação dos Funcionários do Fisco do Estado de GoiásminorReciprocity agreement for fiscal worker health plan beneficiaries.
- AFFEMG — Associação dos Funcionários Fiscais do Estado de Minas GeraisflagshipFounding sponsor and institutional parent. FUNDAFFEMG was created by AFFEMG and exclusively serves its members. AFFEMG also operates Regional offices (Regionais) that support beneficiary enrollment and engagement throughout Minas Gerais.
- Conexa SaúdecoreTelemedicine platform partnership providing online urgent care (pronto atendimento), and scheduled consultations with psychologists and psychiatrists. Consultations in the online urgent care are coparticipation-free until December 2026. Scheduling for psychology has coparticipação from the 13th session onward; psychiatry from the 7th session onward.
- Hospital Vila da SerracoreHospital substitute for Hospital Infantil São Camilo in Belo Horizonte, providing pediatric hospital services through the accredited network.
- Hospital Mater Dei — ContornocoreSubstitute hospital provider in Belo Horizonte for pediatric care, complementing the accredited hospital network.
- Fundação São Francisco Xavier (FSFX)coreLocated inside FSFX's facilities in Ipatinga (Hospital Márcio Cunha), the Espaço Sempre Saúde Ipatinga operates within the foundation's structure, offering multidisciplinary primary care aligned with FUNDAFFEMG's own service standards and protocols.
- AFFEMG — Associação dos Funcionários Fiscais do Estado do Amazonas (AFFEAM)minorReciprocity agreement with AFFEAM under the Fisco Saúde network.
- AFISVEC — Associação dos Fiscais de Tributos Estaduais do Rio Grande do SulminorReciprocity agreement with AFISVEC under the Fisco Saúde network.
- AFRAFEP — Associação dos Fiscais de Rendas e Agentes Fiscais do Estado da ParaíbaminorReciprocity agreement with AFRAFEP under the Fisco Saúde network.
- AFRERJ — Associação dos Fiscais de Rendas do Estado do Rio de JaneirominorReciprocity agreement with AFRERJ under the Fisco Saúde network.
- ASFAL — Associação do Fisco de AlagoasminorReciprocity agreement with ASFAL under the Fisco Saúde network.
- ASFEB — Associação dos Servidores Fiscais do Estado da BahiaminorReciprocity agreement with ASFEB under the Fisco Saúde network.
- ASPARÁ — Associação dos Servidores Públicos da Administração DiretaminorReciprocity agreement with ASPARÁ under the Fisco Saúde network.
- CAFAZ — Caixa de Assistência dos Servidores Fazendários do Estado do CearáminorReciprocity agreement with CAFAZ under the Fisco Saúde network.
- CASSIND — Caixa de Assistência do Sindifisco – SergipeminorReciprocity agreement with CASSIND under the Fisco Saúde network.
- Fisco Saúde – PernambucominorReciprocity agreement with Fisco Saúde Pernambuco under the Fisco Saúde network.
Scale indicators8 records
Recent moves8 records
Expansion highlights5 records
FUNDAFFEMG competitors and assessment
Company assessmentBroad incumbents
- Amil: Major Brazilian commercial health plan operator serving individuals, families, and corporate accounts. Represents the alternative commercial offering against which FUNDAFFEMG's autogestão value proposition is benchmarked by fiscal workers and dependents.
- SulAmérica: Established Brazilian health insurance carrier offering individual, family, and corporate plans including hospital, ambulatory, and dental coverage - a benchmark incumbent against which FUNDAFFEMG's private network terms and digital experience are evaluated.
- Unimed Seguros: Broader health and dental insurance arm of the Unimed cooperative system - a much larger incumbent offering individual, family, and SME plans with broader geographic reach, serving as a competitive alternative should FUNDAFFEMG beneficiaries need out-of-network or transition coverage.
- Hapvida NotreDame Intermédica: Largest vertically integrated health insurance operator in Brazil, combining health plans with owned hospitals and clinics - analogous to FUNDAFFEMG's Espaço Sempre Saúde strategy but executed at national scale with public commercial offerings.
Direct peers
- Capesesp: Foundation operating supplementary health plans for public-sector employees and former BNDES/Eletrobras workers. Comparably structured autogestão foundation with similar regulatory and demographic profile to FUNDAFFEMG.
- ASSEFAZ - Fundação Assistencial dos Servidores do Ministério da Fazenda: Mutualidade-style health assistance foundation for Ministério da Fazenda civil servants, with nationwide reciprocity agreements including one with FUNDAFFEMG. Directly comparable customer segment (fiscal/public-sector) and benefits administration.
- PASA - Plano de Assistência à Saúde do Aposentado da Vale: Retiree-focused health plan foundation for Vale S.A. former employees. Operates under the autogestão regime with geographic reciprocity partnerships (including with FUNDAFFEMG), analogous in self-managed cost-sharing and ANS regulation.
- Geap Saúde: Health plan operator structured as a foundation providing healthcare to federal public servants through autogestão. Closely comparable to FUNDAFFEMG's public-sector affinity membership model and ANS-regulatory positioning.
- Postal Saúde: Autogestão health plan serving Correios (Brazilian postal service) employees and beneficiaries - directly comparable operating model with single-affinity membership, multi-state geographic coverage, and a similar real-estate-heavy clinic footprint.
- Cassi - Caixa de Assistência dos Funcionários do Banco do Brasil: Brazilian autogestão health plan operator for Banco do Brasil employees and dependents, operating the same self-managed mutual model as FUNDAFFEMG. It is one of the largest affinity-based health plans in Brazil and a direct comparator for beneficiary scale, provider network management, and ANS regulatory performance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
FUNDAFFEMG financial estimates
Financial estimateRevenue estimate
Valuation estimate
FUNDAFFEMG leadership team
Management profileNumber of profiles
Profiles3 records
FUNDAFFEMG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FUNDAFFEMG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FUNDAFFEMG
What does FUNDAFFEMG do?
FUNDAFFEMG operates a self-managed (autogestao) supplemental health insurance plan branded Vida e Saude for AFFEMG association members — state fiscal workers and public servants of Minas Gerais, Brazil — and their dependents. The foundation supplements its plan with owned primary care clinics (Espaco Sempre Saude), telemedicine (PA Virtual via Conexa Saude), home care assistance, and specialized clinics (CIC infusion and Acolher Neuro) under a mutual-aid cost-sharing model regulated by ANS under registration 31556-7.
Is FUNDAFFEMG a public or private company?
FUNDAFFEMG is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was FUNDAFFEMG founded?
FUNDAFFEMG was founded in 1985.
Where is FUNDAFFEMG based?
FUNDAFFEMG is headquartered in Belo Horizonte, Brazil, in the Latin America region.
How does FUNDAFFEMG make money?
Three revenue lines are on record. Membership Contributions (Cota) is the primary driver. The others are coparticipação (Co-payment) and reimbursement.
Who are FUNDAFFEMG's main competitors?
Broad incumbents on record are Amil, SulAmérica, Unimed Seguros and Hapvida NotreDame Intermédica. Direct peers are Capesesp, ASSEFAZ - Fundação Assistencial dos Servidores do Ministério da Fazenda, PASA - Plano de Assistência à Saúde do Aposentado da Vale, Geap Saúde, Postal Saúde and Cassi - Caixa de Assistência dos Funcionários do Banco do Brasil.
Does FUNDAFFEMG have an API?
No public API is recorded for FUNDAFFEMG.