Health Insurance NHIA “almost bankrupt” – CEO says

The CEO, Dr Samuel Annor, made the disclosure on Friday when he addressed a staff gathering to introduce the new deputy CEO of the NHIA.

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The Chief Executive Officer (CEO) of the National Health Insurance Authority (NHIA) has revealed that the scheme is “almost bankrupt” and that it owes so much, sending signals to insurance providers that more time may be needed to settle outstanding claims.

The CEO, Dr Samuel Annor, made the disclosure on Friday when he addressed a staff gathering to introduce the new deputy CEO of the NHIA. “The NHIA is at a stage where one will say it almost bankrupt; in that, we have no reserves and we owe people so much,” he said.

“And this has come about because we have increased our membership so much but we have not increased the funding appropriately.”

He attributed the troubling finances of the NHIA to increase in membership, writing off the scheme as not being in stable condition.

Annor also noted that the scheme has no reserve to fall on to pay its service providers.

“The reserves we had probably at the close of 2009 is all gone because of increment in membership drive. So now there are no reserves,” he said. “If there were reserves, of course, we would call on the reserves to pay the service providers.”

He added: “Apart from not having a drive, we owe people so much. So this Scheme certainly cannot be said to be in a very stable condition.”

According to the Chamber of Pharmacy Ghana and the Christian Health Association of Ghana, the NHIA owes close to GHC1.2 billion.

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