Tax experts have flagged a spike in applications from medical professionals, medically high-risk individuals, and “cautious taxpayers” seeking assistance emigrating because of the NHI.
“Medical professionals have approached us to assist with their potential emigration due to not wanting to work for the government; families with medically at-risk members fearing for their loved one’s future in South Africa; as well as numerous taxpayers uncertain about the tax burden for the funding of these healthcare provisions and the potential burden on the economy.”
Quantitatively, the estimated costs of the NHI are unachievable with the country’s tax base, and qualitatively, the resultant impact on resources like doctors and healthcare professionals poses even greater risks to healthcare in the country. For those with specialised health needs, it is not clear at this stage what the NHI will actually cover, nor what options will be on the table for those patients once the system is fully operational.to fund the NHI, with an income tax surcharge and payroll tax on the way.
Source: Healthcare Press (healthcarepress.net)
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