The National Treasury has responded to the parliamentary hearings on the medium-term budget policy statement (MTBPS) delivered last week, including its financing strategy for the controversial National Health Insurance (NHI) scheme.
While the NHI is receiving some attention in the budget, the Treasury pointed out that the National Health Insurance Act has not yet been promulgated, and much of the financing towards the scheme is through indirect grants.
The country has budgeted just under R3 billion for the NHI over the 2025 Medium-Term Expenditure Framework (MTEF) period, R2.5 billion of which is indirect health spending and R460 million of which is direct NHI funding. ….more
