IRR: NHI a grave threat to South Africa’s fragile tax base
14 May 2024
The IRR warns that placing South Africa’s entire health care system under government control is likely to accelerate middle-class emigration, triggering a calamitous decline in tax revenue.
The Presidency announced on 13 May 2024 that President Cyril Ramaphosa would be signing the controversial National Health Insurance (NHI) Bill into law on Wednesday, 15 May.
Under the NHI system, South Africa’s entire health care system will be brought under the control of the government. This means that private health care, too, will in time be controlled by the government.
South Africans have seen what happens when the ANC controls critical institutions. They anticipate that health care will collapse, just as has happened with the supply of water and electricity, education, law enforcement and municipal services, to name some examples.