The Association of Health Funders of Zimbabwe (AHFoZ) has urged the government to introduce compulsory medical aid for all citizens.
While making an oral presentation before Parliament on June 4, AHFoZ chairperson Stanford Sisiya said that the government should enact legislation which compels people to be members of medical aid societies.
He also called for the re-introduction of the Zimbabwe dollar saying that the USD/RTGS$ is bankrupting the pharmaceutical sector. He said:
Right now the challenge we face is that our members are not being paid in US dollars and their salaries are not tracking the US Dollar.
It’s quite unfortunate that we have got a situation where it seems everyone is talking about the rate.
So in terms of the functional currency, as AHFoZ we believe we should have one. Medical Aid Societies continue to do business in RTGS$ as their members are not earning US dollars.
This has caused a huge mismatch between what funders are paying out and what the service providers are charging. The result of which is a dilemma to the patient.
More: Povo News
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Real-time Gross Settlement (RTGS) is a fund transfer system where the transfer of money takes place from one bank to any other bank on a "real time" and on a gross basis. Settlement in "real time" means a payment transaction is not subjected to any... Read More About RTGS