Samson Lardy, take note of Point No. 3 below: 1 What is the National Health Insurance Levy (NHIL)? The National Health Insurance Levy (NHIL) is a levy on goods and services supplied in or imported into Ghana. All goods and services are subject to the levy unless they are exempt. The Levy is charged at a rate of two and one half per cent (2½%) on the VAT-excusive selling price of the goods supplied or services rendered. 2 Why the Levy? The levy is to partly finance the National Health Insurance Scheme (NHIS). The then Cash and Carry System of healthcare financing presented a strong barrier to healthcare access for the majority of Ghanaians, and that if the health of the population is to be secured, then there was an urgent need to replace it with a system that will improve access to health facilities. Healthcare insurance is a risk pooling arrangement by which the cost of healthcare to any single individual in the society, whether rich or poor, becomes a collective responsibility of all the people in the society. More than 60% of the resources of the Fund are expected to be obtained from the National Health Insurance Levy. The remainder will be obtained through the following: Two and one half per cent (2½%) of each person’s contribution to the Social Security and Pensions Scheme Fund; Such monies as may be allocated to the Fund by Parliament; Money that may accrue to the Fund from investments made by the National Health Insurance Council; and Grants, donations, gifts and any other voluntary contribution made to the Fund. All persons in the informal sector will make direct contributions into their District Health Insurance Fund. 3 How is the Levy collected? The levy is collected by the Domestic Tax Revenue Division of the Ghana Revenue Authority through VAT-registered persons in the same way that VAT is collected. The Ghana Revenue Authority (GRA) will pay the collected levy directly into the National Health Insurance Fund within thirty days of collection.
Posted on: Fri, 18 Jul 2014 15:57:12 +0000
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