Industry / Lebanon
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Reform NSSF To Make Savings
August 2008 | Industry NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Underlining BMI's view that Lebanon's healthcare funding model is in need of an overhaul, the UN Development Program (UNDP) has estimated that reform of the country's National Social Security Fund (NSSF) could reduce healthcare costs by up to 15%. Further highlighting the need for change, data from NSSF shows that its financial position is becoming more precarious as its expenditure continues to exceed contributions. By the end of 2008, the NSSF estimates that its deficit will reach US$365mn if the government fails to provide additional