Health Minister Aaron Motsoaledi has warned that R20-billion in annual medical aid tax credits will likely be cut to fund the National Health Insurance (NHI). Your benefits may have just been granted a temporary stay of execution.
Werksmans Attorneys director of health and life sciences practices Neil Kirby says it’s unlikely that government would be able to effect changes to medical aid tax benefits in time for the start of the next financial year in April 2018.
Kirby was speaking at the Hospital Association of South Africa’s (Hasa) conference in Cape Town this week. Hasa represents private hospitals in the country. ….more