A COST-BENEFIT ANALYSIS OF THE EFFICACY OF NHIS AS A TOOL FOR SOLVING HEALTH CARE INEQUALITY PROBLEM IN NIGERIA

A COST-BENEFIT ANALYSIS OF THE EFFICACY OF NHIS AS A TOOL FOR SOLVING HEALTH CARE INEQUALITY PROBLEM IN NIGERIA

Author by Obiwuru, Timothy Chidi

Journal/Publisher: International Journal Of Research In Commerce, Economics & Management

Volume/Edition: 3

Language: English

Pages: 104 - 113

Abstract

This study analysed the monetary benefits and costsassociated with the health reform program – National Health Insurance Scheme (NHIS) – in Nigeria. Using simulation  model  and  the  technique  of  Cost  Benefit  Analysis  (CBA)  to  analyze  the  cost  of  participation and  the  benefits  participants  stand to gain  from  the scheme,  results  showed   that  given  the  proposed  cost  and  the  system  of  co-payment,  the  scheme  would  be very  beneficial.  While ensuring  that  healthcare becomes readily available to all who care to participate in it, NHIS as the study revealed would also be capable of solving the problem of inequity associated with the consumption of health goods and services in thecountry. This was based on the finding that all computed ratios were positive values greater than one,and that  low  income  earners  would  benefit  more  from  the scheme  thereby  ensuring  its  actuarial  soundness  and societal  desirability.  Consequently,  proper implementation by ensuring efficient allocation andprudent management of funds meant for the scheme was recommended.


Other Co-Authors