The law makers are yet to approve a proposal that was presented to them concerning the increase in NHIF contributions. If they approve, workers earning more than Ksh 100,000 per month will have to pay more in their monthly contributions to the National Hospital Insurance Funds (NHIF).
According to the new changes that were made by NHIF, those employees who will be earning Ksh 100,000 and above will have to pay 1.7 percent of their gross salary to the hospital insurance.
This change directs employees earning more than Ksh 100,000 to make a contribution of 1,700 monthly to the National Hospital Insurance Fund.
For those ones earning ksh 200,000, their monthly contributions will be doubled to ksh 3,400 while those earning Ksh 500,000 their contribution will hike to Ksh 8,500. That is the restrictions are implemented.
Employees whose payslips are experiencing inflationary pressure are likely to deny the increase in NHIF contributions.
This extra amounts will give extra billions of money to this hospital insurance company making it the most wealthy company in the country.
In the previous year, the National Hospital Insurance Company raised a total of 61.5 billion from workers alone. This makes it the number one company in terms of collection.
According to the company regulations that were published for public review yesterday, it’s mandatory for all adults to make contributions monthly to the NHIF.
This will be a great improvement over the previous one which only required employees in the formal sector to take part.
It was optional for the group of informal employees to leave or to join the NHIF whereby they were required to make a monthly contribution of ksh500.
Since the last evaluation in 2015, there are many other chronic diseases like cancer that have come up and NHIF wants to enhance its revenue collections in order to cover such like diseases and provide health insurance to all citizens.