Audio By Carbonatix
The National Health Insurance Scheme (NHIS) faces financing shortfalls that are undermining progress in health and protection of vulnerable groups, the World Bank has revealed in its key findings in Ghana’s Public Finance Review.
According to the Bretton Woods institution, though the progress in health and nutrition outcomes has been supported by public funding, there are challenges.
It said the financing shortfalls for NHIS are undermining progress in health.
First, the NHIS no longer receives its full National Health Insurance Levy (NHIL) allocation, due to the capping law.
Secondly, there is a gap between budgeted allocations and actual cash received from the Ministry of Finance
Additionally, there is high administrative costs hindering spending efficiency as less than 60% of NHIS budget goes to claims.
Social Assistance Programmes Impact Limited
Meanwhile the World Bank says the social assistance programmes are well-targeted to the poor, but their impact is limited by low benefit levels.
It explained that the main targeted social assistance programmes (LEAP, LIPW, GSFP) represent 0.2% of Gross Domestic Product (2025 target: 0.3%) and 1.0% of overall government spending, far below comparator countries (1.5% of GDP).
For comparison, energy subsidies spending represented about 2% of GDP in 2023 (US$1.5 billion).
Therefore, it pointed out that external funding is critical to these programmes.
Latest Stories
-
Dredge Masters intensifies anti-flood efforts, warns encroachment hindering drain maintenance
25 minutes -
Government orders safety review of critical power installations
27 minutes -
Energy Minister commends committee for work On Akosombo Substation fire probe
31 minutes -
John Jinapor promises accountability after Akosombo Substation Fire report
34 minutes -
Where things stand for Chairman Wontumi: Three cases, a looming mining verdict, a plea deal in play
36 minutes -
MTN refurbishes 300 beds to improve healthcare at Ho Teaching Hospital
46 minutes -
Okada rider recounts near-drowning rescue attempt during Ngleshie Amanfro floods
47 minutes -
John Dumelo provides free DStv, giant screens and kenkey meals for Ayawaso West World Cup fans
50 minutes -
Aflao youth demand justice for slain MoMo vendor, Christopher Ahordo after key suspect escaped custody
56 minutes -
Martin Kpebu explains possible outcomes of plea bargain in Wontumi’s case
58 minutes -
STAR-Ghana Foundation advocates volunteerism as a pillar of national development
1 hour -
Fire destroys 20-room compound house in Wiawso
1 hour -
NLA workers issue strike notice over poor conditions, governance concerns
1 hour -
Fire destroys bedrooms at Tuba Fulani Junction
1 hour -
Wontumi Exim Bank fraud trial: ‘I support plea bargain 150%’ – Martin Kpebu
1 hour