NHIS Moves To Recover N10B From Heritage Bank and N11B Trapped In The Federation Account

NHIS Moves To Recover N10B From Heritage Bank and N11B Trapped In The Federation Account

The National Health Insurance Scheme is making efforts to recover some missing funds estimated at about N27bn, Prof. Mohammed Sambo, the Executive Secretary of the scheme revealed.

While expressing optimism that the NHIS Amendment Bill pending before the National Assembly for passage would change the face of health insurance in the country, he said a review of the NHIS Act would allow the agency to enroll more Nigerians.

Sambo stated these in the progress report of the NHIS which he presented after a management meeting in Kaduna.

Sambo said, “We have about N11bn trapped in the Federation Account since 2014. We have been meeting with the Minister of Finance to see how to get it back. Also, we have been pursuing another N10bn lodged in Heritage Bank and the Economic and Financial Crimes Commission has been helping us to recover it.

“When there was COVID-19, N6bn was taken from the NHIS account without notice. So, we are working on recovering those resources and we have agreed at the level of management that a proportion of the money recovered will be put on strategic investment”.

The NHIS CEO also spoke on the progress made in improving the subscription for the insurance scheme, saying over 10 million Nigerians had now subscribed for it.

According to him, while about 10,269,996 enrolled into the scheme as of last Friday, the NHIS has been able to save money from its cost-saving reforms.

Sambo said, “The population of Nigerians that have enrolled in the health insurance scheme has risen to 10,269,996 from 6 million earlier reported by the National Demographic Health Survey”.

Sambo explained that as part of strategies to increase its subscriber base, NHIS has mapped the entire segments of the Nigerian population, including the Nigerian Youth Service Corps (NYSC).

The NHIS boss said: “We have mapped the population, and we are engaging the management of the NYSC to ensure that they are covered in the framework of the national health insurance scheme. You know that there was a presidential directive in the past that all NYSC members should be covered by the scheme, but due to budgetary constraints, it was not implemented”.

He stated that contrary to insinuation that NHIS has not been able to achieve much in terms of teaching universal health insurance for all in the last 20 years, “the major impediment is the law limiting its utilisation”.

Sambo said the best way to fund health insurance is by pooling resources through mass enrolling in the health insurance scheme at all levels.

The executive secretary said while appreciable progress is being made at the federal level, not much is happening in the state and local government areas in terms of enrolment into state health insurance scheme.

He disclosed that one of the recent decisions taken by the management is to ensure NHIS is fully automated to achieve seamless operations.