Latest Health Insurance Act Doesn’t Impose Telecoms Tax, Says NHIA – InsuranceNewsNet

0
7

The National Health Insurance Authority (NHIA) has said the brand new National Health Insurance Authority (NHIA) Act recently signed into law by President Muhammadu Buhari doesn’t make provision for a telecoms tax as a source of funding within the law.

In a press release signed by the Public Affairs Manager of the NHIA, Emmanuel Ononokpono, it said the Act establishes and empowers the NHIA to make sure the supply of medical insurance for all Nigerians through a compulsory mechanism, in collaboration with state medical insurance agencies.

While clarifying the provisions of the brand new laws, the agency said: “In relation to the Act, the NHIA wishes to state clearly that the laws that Mr. President assented to doesn’t make provision for a telecoms tax as a source of funding within the law contrary to hasty reports in some exuberant national media.”

The NHIA said with the approaching into effect of the brand new Health Insurance Act, the target of addressing high incidence of out-of-pocket expenses for health care, through medical insurance for all categories of Nigerians by 2030, would now be more realisable than ever before.

The statement added: “It worthy to notice that the Act establishes and empowers the NHIA to make sure provision of medical insurance for all Nigerians through a compulsory mechanism, in collaboration with state medical insurance agencies.

“Specifically, Sections 25 and 26 of the Act establish the Vulnerable Group Fund (VGF), indicating the varied sources from which funding can be drawn.

“Moreover, the laws strengthens the NHIA to discharge a big selection of regulatory and promotion functions to ultimately be sure that every Nigerian receives access to quality and reasonably priced health care.

“While the NHIA understands the joy around the brand new law, it craves the patience of stakeholders and industry watchers including the media to attend for a proper unveiling of the document in days ahead.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here