BusinessLive writes that National Health Insurance (NHI) was not feasible without sustained economic growth and it required so much money there would have to be trade-offs with other spending plans such as expanding access to tertiary education.
This was the warning from the Davis tax committee on Monday. NHI is the government’s ambitious policy for implementing universal healthcare, which it promises will provide all with services that are free at the point of service. The committee, which is headed by Judge Dennis Davis, released six reports on various aspects of tax administration, including one on NHI. The committee expressed concern about the lack of clarity on how NHI would be implemented and operated, saying more details were needed to understand its resource requirements. It consequently stopped short of making firm recommendations on ways of financing NHI, saying to do so would be premature.
- Read this report by Tamar Kahn in full at BusinessLive
- Read too, NHI could go same route as e-tolls, Davis Tax Committee warns, at Fin24
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