NHIF revenues to reach Sh36bn in three years Edwin Mutai
Publication details: Nairobi Nation Media Group Ltd 2012Description: p.5 Business Daily (December 3, 2012)Subject(s): Summary: NHIF currently has 3.4 million members and these are forecast to rise to 11.6 million in the next three years. The anticipated growth will complement 16 private medical insurers whose total premiums for the year 2009 was Sh5.9 billion, with total claims incurred at Sh4.9 billion. The ministry also proposes to make further amendments to peg contributions to the fund by employers at the rate of 1.5 per cent of employee’s salary.
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NHIF currently has 3.4 million members and these are forecast to rise to 11.6 million in the next three years.
The anticipated growth will complement 16 private medical insurers whose total premiums for the year 2009 was Sh5.9 billion, with total claims incurred at Sh4.9 billion.
The ministry also proposes to make further amendments to peg contributions to the fund by employers at the rate of 1.5 per cent of employee’s salary.
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