Agyeman-Manu calls for a spike in NHIS premiums to ensure the system's longevity. — News Explorer News %
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Agyeman-Manu calls for a spike in NHIS premiums to ensure the system’s longevity.

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Kwaku Agyeman-Manu, the Health Minister-nominee, has concerns as to the viability of the National Health Insurance System if premiums are not raised.
He complained that “the cost of health care continues to increase, but the premiums we pay for health insurance have stagnated for a very long time.”
In response to “yes and no” to the viability of the scheme during his vetting, Mr. Agyeman-Manu demonstrated short-term confidence in the scheme, since the scheme is reportedly two months late for service providers.
“He said the system is “sustainable to the point that, as we have been granted in the last four years, we continue to collect releases from the Ministry of Finance.

“If that happens, we will always have the resources to cover our reimbursable installation expenses.”

But he continued that, with some deficiencies from the Ministry of Finance, “we are likely to go back to the same old problem of accumulating arrears that will hamper the health insurance scheme’s efficient performance.”

Mr. Agyeman-Manu proposed a rise in the levies and premiums charged as a solution to the cash issues.
“If we do not find a way to bring in certain additional resources, either through premium increases or through more government allocation of resources to support the scheme, we may not continue to see its effective performance as it is.”

The NHIS is subsidized by the National Health Insurance Levy (NHIL), which is a 2.5 percent levy on goods and services received under Value Added Tax (VAT), 2.5 percentage points of monthly payments from the Social Welfare and National Insurance Trust (SSNIT), dividends on deposits in the National Health Insurance Fund (NHIF) and premiums charged by subscribers to the informal market.

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Mr. Agyeman-Manu also pointed out that the system also distributed GHS 400 million in bonds.

Government allocation also complements the system’s financing.

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