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Insurance
25% of pension contributors in Ghana on salaries of GH₵400 or less – SSNIT
Dr John Ofori-Tenkorang, the Director-General of the Social Security and National Insurance Trust (SSNIT), on Wednesday said low pension payment is the reflection of members contribution to the Trust during active service.
He said 25 per…
Insurance industry contribution to Ghana’s GDP not encouraging – Minister
Government has charged the National Insurance Commission (NIC) to strive to play its regulatory role effectively to bring vibrancy to the insurance industry.
“The Commission must not sleep on the laid-down insurance regulations.…
SSNIT OBS Contract trial: Court to hear applications on March 22
The trial of Ernest Thompson, former Social Security and National Insurance Trust (SSNIT) Director-General and four others over the Operating Business Suites (OBS) Contract has been adjourned to March 22.
The adjournment is to enable…
Pension funds are secure – Forum
The Forum for Public Sector Registered Pension Schemes on Friday assured public sector workers that the pension funds currently under the management of the four public sector schemes have been invested in accordance with permitted…
QLAC launches micro insurance policies for informal sector
Quality Life Assurance Company Limited (QLAC) on Wednesday launched three micro insurance policies designed to address the investment, educational, as well as funeral-related planning needs of predominantly members of the informal sector.…
NHIS funding challenges due to escalating claims cost – Director
Mr Abass Suleymana, the Upper West Regional Director of the National Health Insurance Authority, has attributed the funding challenges of the scheme to escalating cost of claims.
He said the increasing cost of claims was due to extremely…
NHIA seeking legal powers from A-G to tackle fraud
The National Health Insurance Authority (NHIA) says it is seeking legal powers from the Attorney-General’s (A-G) Department to prosecute persons who defraud the health insurance scheme meant to provide access to universal healthcare to…
Bawumia says drone delivery service is national priority
Vice President Dr Mahamudu Bawumia on Wednesday waded into the debate about the use of drones to distribute blood and other essential medicines to hard-to-reach communities across the country, saying that the technology is a national…
SSNIT says it saved GH¢20m by deleting over 6000 pensioners from its payroll
The Social Security and National Insurance Trust (SSNIT) as of September this year, had saved GH¢20 million by deleting 6, 452 pensioners from its payroll, with an additional GH¢4 million plus, expected by the end of the year.
The…
National Health Insurance Authority enhances legal department to prosecute illegal activities
The National Health Insurance Authority (NHIA) has issued a warning to Service Providers of the National Health Insurance Scheme (NHIS) to desist from charging unauthorized fees from its subscribers or opt out of the Scheme.
Mr Oswald…