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Tag: National Health Insurance (NHI)
Finance Minister, Tito Mboweni, delivers his first Budget Speech on 20 February at a difficult time for the South African economy. Even though President Cyril Ramaphosa has done much to restore business confidence in his first year in office, GDP growth remains weak, government finances are in relatively poor shape, and renewed load shedding is hurting business confidence.
The Department of Health’s Dr Anban Pillay has slammed the Free Market Foundation (FMF) for criticising the National Health Insurance (NHI) Bill and has requested that we submit reasons why we believe the government’s proposed NHI scheme will not work and a list of proposed alternatives.
The Minister of Health has described the advent of national health insurance or NHI as the land issue in the healthcare sector. Today, the Minister announced the introduction of two Bills to herald the introduction, into law, of the NHI. The two Bills, one dealing with amendments to the existing Medical Schemes Act of 1998 and the other setting out the structuring of the NHI, were published for public comment.