Government proposes payroll tax and other surcharges to fund South Africa’s NHI

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 61%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

The National Department of Health has detailed its proposals to fund South Africa’s new National Health Insurance (NHI) scheme, including new taxes.

The National Department of Health has presented its proposals to fund South Africa’s new National Health Insurance scheme, including new taxes.

This will include the normal tax collection methods like VAT, personal tax, excise, company tax and so on, which is collected by SARS. Reallocation of funding for medical scheme tax credits paid to various medical schemes towards the funding of National Health Insurance. This is estimated to be around R27 billion in 2019/20.

A central NHI Fund is expected to cover all necessary health care and to exclude very little, but this will be progressive as the reforms are rolled out.A payroll tax will be considered, as one alternative collection method, since it replaces the need to buy care through medical schemes.The department also reiterated that the NHI is a necessity in South Arica as the current health system is ‘failing everyone’.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No. We will never get the health care. Neglected, destroyed and dysfunctional health service. No thanks! Keep it

There is sufficient tax to pay for the proposed scheme already, if only the government would stop their organized crime activities using state funds

No. No, no, no. It isn't working and it won't work. Forget the socialist NHI idea. There is ample proof from around the world that it doesn't work.

Lol so that every hospital can become another Charlotte Maxeke? No thanks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Discovery medical aid pricing update for South AfricaDiscovery Health Medical Scheme, the country’s largest private medical aid scheme, has announced that it will defer its 2022 price increases until even later this year.
Source: BusinessTechSA - 🏆 24. / 61 Read more »