How the National Health Insurance Scheme (NHIS) is funded

National Health Insurance Scheme (NHIS)
National Health Insurance Scheme (NHIS)

The National Health Insurance Scheme (NHIS) help government to provide financial access to quality health care for all residents in Ghana and those who are on a visit to the country.

The NHIS is largely funded by:

a. The National Health Insurance levy (NHIL), which is 2.5% levy on goods and services collected under the value added Tax (VAT).

b. 2.5 percentage points of each person’s contribution to the Basic School Security Scheme.

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c. Return on National Health Insurance Fund (NHIF) investments.

d. Contributions paid by informal sector members.

e. Monies that are approved for the fund by parliament.

f. Fees charged by the Authority in the performance of its functions.

g. Monies occuring under section 198 of the Insurance Act, 2006 (Act 724).

h. Grants, donations, gifts and any other voluntary contributions made to the fund

SOURCE: Coverghana.com.gh

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