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FG makes health insurance compulsory for employers


The Federal Government has mandated all employers and employees in public, private, and informal sectors to have access to health insurance.

 

This development came when the Federal Government noted that only states with established health insurance schemes and contributory schemes would benefit from the Basic Healthcare Provision Fund (BHCPF).

 

President MUHAMMADU BUHARI reportedly signed the National Health Insurance Authority Bill 2021 last week.

 

The newly signed law by the President repeals the National Health Insurance Scheme Act 2004.

 

Under the previous Act, states were required to pay a 50 percent counterpart fund to access the total fund for the BHCPF.

 

Sources gathered that president BUHARI’S signing of the new Act is part of the moves by the FG to ensure that Nigeria achieves Universal Health Coverage, a Sustainable Development Goal by 2030.

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