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"type": "speech",
"speaker_name": "Tharaka, DP",
"speaker_title": "Hon. George Gitonga",
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"legal_name": "George Gitonga Murugara",
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"content": " Thank you, Hon. Temporary Deputy Chairlady. I think we need to make a distinction here. What we are dealing with is the NHIF, which has been created by an Act of Parliament that is separate from the Insurance Act, which governs other insurance companies and the industry. The Insurance Regulatory Authority (IRA) is under the Insurance Act, while the Fund we are establishing is actually under its own regime of laws. Therefore, the proposed amendment is timely. The Regulations of IRA should not actually apply to this Fund because it is independent as a social protection Fund and is totally different from commercial insurance."
}