Momentum Metropolitan says implementation of NHI Bill not sustainable

South African Financial Services Group, Momentum Metropolitan, has raised concerns over the impending implementation of the National Health Insurance (NHI) Bill, set to be signed into law by President Cyril Ramaphosa. While acknowledging the importance of providing access to healthcare for more South Africans, Momentum Metropolitan asserts that the current form of the NHI Bill is unsustainable. Damian McHugh, the Chief Marketing Officer at Momentum Metropolitan, discussed the group's stance in a recent interview. McHugh highlighted the need for a collaborative approach between the private and public sectors for the successful implementation of the NHI. The discussion around the NHI Bill has sparked debate within the healthcare industry, with various stakeholders expressing reservations about its constitutionality and financial implications. Momentum Metropolitan stressed the importance of constructive engagement to address the challenges posed by the bill. While acknowledging the positive intent behind the NHI, the group emphasized the need for a realistic and sustainable healthcare system that benefits all South Africans. McHugh outlined the potential impact of a successful NHI on the business, emphasizing the importance of a phased approach to implementation that allows for continued collaboration between public and private healthcare providers. The group remains committed to working with the government to address concerns and ensure a comprehensive and equitable healthcare system for all South Africans.