Personal finance: How NHI law will hit your tax, savings, medical cover

The National Health Insurance (NHI) bill sent shock waves across the Johannesburg Stock Exchange earlier this month, hammering darlings like Discovery and hospital companies. But the damage to your share portfolio was just the start of NHI-induced financial pain. Expect big taxes to cover a government department that will be more expensive to run than Eskom as everyone joins the queues for state medical care. In this personal finance podcast, Johannesburg money expert Dawn Ridler chats to Jackie Cameron about what the NHI law will mean for your savings and medical cover – and what you can do to keep some access to top-notch healthcare.

By Jackie Cameron

The National Health Insurance (NHI) bill paves the way for dramatic changes to the way South Africans access medical treatment. Dawn Ridler, a Certified Financial Planner who heads Kerenga Wealth Ecology in Johannesburg, explains what accessing doctors will look like if this law comes to pass.

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