Tuesday, November 20, 2018

The new NHI scheme part 1: Big questions remain unanswered

Joey Gaskins - EWNEWS.COM

→ Media misses the mark in telling the bigger story

→ Cost of doing business could skyrocket

→ Why those intended to benefit from the scheme may lose out

We have started the discussion on the newly proposed National Health Insurance (NHI) scheme all wrong.

On the one hand, upon the release of the NHI policy paper, the media immediately focused on the easy story: funding the scheme would require a capped two per cent “contribution” taken directly from the wages of employed Bahamians. The policy document was careful not to call this contribution a tax. Read more >>