“With the National Health Insurance Act (NHI) in place but awaiting full implementation, all eyes are on the Treasury and the Public Investment Corporation (PIC) PIC to determine funding solution can bridge the gap in healthcare infrastructure and bring equitable healthcare access to all South Africans,” reported Business Day (25 Nov 2024)
Currently, the Department of Health and National Treasury are discussing potentially leveraging SA’s R2.3- trillion savings pool to in preparation of the department’s implementing National Health Insurance (NHI).
Historically, the PIC has funded private healthcare facilities, a model that the Department of Health now hopes can benefit the public sector.
“While discussions between the PIC and the Department of Health on healthcare funding began a decade ago, the National Treasury was not involved until recently.”