In its presentation during a virtual public hearing on the NHI Bill, the Health Professions Council (HPCSA) told Parliament that the current reserves of medical schemes – estimated at more than R90-bn – must be transferred to the National Health Insurance (NHI) - MedicalBrief  (20 May 2021) The Medical Schemes Act should be scrapped and the NHI should be the only health funding mechanism, but current medical cover providers would be allowed to continue as insurance products. The HPCSA said that private medical aid schemes should be allowed to exist, but be funded separately over and above tax paid for the NHI. The NHI should be the only funding mechanism for health in the country, funded with taxes from “all employed South Africans”.

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