30% more taxes for 70% less healthcare – the NHI’s big problem

The National Health Insurance Bill needs to raise billions to reach the Department of Health’s grand vision, but millions of South Africans could see a dramatic reduction in how much healthcare they receive.

This would require potentially raising VAT from 15% to 21.5% and increasing personal income taxes by 30% or more. He said that many other countries – including the US, Australia, the UK and more – have an effective blend of private and public healthcare systems.

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