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{
    "id": 1092155,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1092155/?format=api",
    "text_counter": 200,
    "type": "speech",
    "speaker_name": "Homa Bay CWR, ODM",
    "speaker_title": "Hon. (Ms.) Gladys Wanga",
    "speaker": {
        "id": 590,
        "legal_name": "Gladys Atieno Nyasuna",
        "slug": "gladys-atieno-nyasuna"
    },
    "content": "spread the risk and deal with the possibility of what will come upon it. They will possibly have very high claims. They will possibly have increased instances of fraudulent claims and high chances of depleting the Fund’s savings as a result of those increased claims. One of the things that I will possibly propose as we go to the Committee of the whole House is how we can spread the risk. For instance, will we consider re-insurance as a way of spreading the risk? This is so that as we put our money into the NHIF and it comes down, we have somewhere to fall back. Re- insurance is the insurance of insurance. As we move forward, we should not close our eyes to the fact that there is a possibility that the portfolios within the NHIF are subject to abuse. The issue of re-insurance should be considered. The issue of partnerships should also be considered, as well as investment in ICT. When you manage the kind of portfolio that the NHIF will be managing, you must invest in top of the range ICT, so that we are not back to carrying forms or cards. That is why I am happy that the NHIF is doing biometric registration, so that when you arrive at the hospital, you just put your finger. Governance issues must be looked at in a big way. From the perspective of the Departmental Committee on Finance and National Planning, we should look at the issue of securing this exponential growth within the NHIF. We must consider re-insurance and partnerships that will strengthen governance and management at the NHIF. We must consider risk-spreading, so that we are not in a situation where, if the NHIF goes down, everything goes down with it. Thank you, Hon. Temporary Deputy Speaker. I beg to support the Bill."
}