NHI will not fix broken healthcare system: BOSA considering legal action to stop the creation of a new ANC looting fund
15 May 2024
In a populist attempt to boost the ANC’s chances at the polls, President Cyril Ramaphosa made a huge error of judgment today by signing the National Health Insurance (NHI) bill into law.
Build One South Africa (BOSA) recognises that we have a two-tiered, highly unequal healthcare system. The public sector is state-funded and caters to the majority – 71%– of the population. and the private sector is largely funded through individual contributions to medical aid schemes or health insurance and serves almost 30% of the population.
Despite an approximately R250 billion annual budget, the standard of public healthcare infringes on the dignity of millions of South Africans. R 250 billion a year should be enough to fund quality healthcare for each and every South African, but due to corruption, mismanagement and nepotism, much of this budget is wasted. And as a result, millions of poor South Africans suffer.
Instead of fixing the well-funded public health system, the ANC has sought out an unaffordable scapegoat for its failures in healthcare. Even if it were a good idea, the fact is we cannot afford the NHI. The most affordable version of the NHI is estimated at R500 billion per annum.