'busa is in the dark'

05 June 2009 - 02:00
By unknown

The CEO of Business Unity South Africa Jerry Vilakazi said the private sector is concerned about the funding for National Health Insurance as government delays the release of its draft policy.

The CEO of Business Unity South Africa Jerry Vilakazi said the private sector is concerned about the funding for National Health Insurance as government delays the release of its draft policy.

"We are in the dark as to how much government is putting towards NHI and what assistance is needed from the private sector. We have learnt that general tax would be the core funding but we are not sure how this would affect taxpayers. Already, revenue collection in this country has declined because of job losses due to the global financial crunch.

"It is therefore not possible to foretell if tax would increase and by what percentage."