Share

No clear financial plan on NHI scheme

Johannesburg - The lack of a clear and comprehensive financial plan in the white paper on the National Health Insurance (NHI) scheme and how it would be funded is one of the factors halting decision making in the private sector.

According to Neil Kirby, the head of healthcare and life sciences at Werksmans Attorneys, the white paper on the NHI was short on financial details, which led to the institution being unable to plan properly and reasonably.

Last month, Health Minister Aaron Motsoaledi said the implementation of the NHI could cost R69 billion over four years.

Speaking to City Press shortly after giving a talk on the white paper at the law firm’s offices in Sandton this week, Kirby said: “The difficulty is that we don’t know what the financial implications will be because the actual financing of the NHI is not clear from what is set out in the white paper, so we would have to wait for some degree of confirmation on the way in which NHI will be financed, and on what the implications will be from a wider financial perspective.”

Kirby also said that the sooner the gaps were filled in, including on how much each member would pay, the better.

However, he said the department had put plans in place via advisory committees for the gaps to be filled in regarding the financing.

SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

Read Fin24's top stories trending on Twitter:

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.09
+0.4%
Rand - Pound
23.62
+0.9%
Rand - Euro
20.33
+0.3%
Rand - Aus dollar
12.25
+0.5%
Rand - Yen
0.12
+0.3%
Platinum
942.40
-0.8%
Palladium
1,023.50
-0.6%
Gold
2,395.37
+0.7%
Silver
28.74
+1.8%
Brent Crude
87.11
-0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders