South Africa's Health Plan Is a Funding Calamity, Discovery Says.

RAMAPHOSA, Cyril, 1952-; NATIONAL health insurance; TAX base; PRIVATE sector; DISASTERS; HEALTH insurance

South Africa's proposed National Health Insurance (NHI) plan, which aims to provide universal care through a state-run fund, is facing criticism from Adrian Gore, the head of Discovery Ltd. Gore argues that the plan is irrational, risks destabilizing the tax base, and needs the private sector's involvement to succeed. The NHI bill, which bans the private sector from covering treatment covered under the plan, was recently approved by a second parliamentary chamber and is awaiting President Cyril Ramaphosa's decision. Gore also raises concerns about the lack of funding for the plan and the potential negative impact on taxpayers. [Extracted from the article]

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