New $100m NHI will be 'hard sell'
The restructured National Health Insurance (NHI) scheme’s basic coverage will cost $100m but avoid “creating another bloated government bureaucracy”, a Cabinet minister said yesterday.Dr Duane Sands, minister of health, told Tribune Business that the
Manufacturers blast NHI's $10m 'sugary drinks tax' proposal
Manufacturers yesterday hit back at plans to raise between $4-$10m from a “sugary drinks tax”, arguing that these products cannot be blamed for The Bahamas’ health crisis.Walter Wells, Caribbean Bottling Company’s president and chief executive, told
Chamber chair queries NHI $42 premium 'cap'
The Chamber of Commerce’s chairman yesterday queried if Bahamian workers will suffer reduced healthcare quality given the revised NHI scheme’s “maximum” premium contribution.Michael Maura, pictured, in an emailed reply to Tribune Business from New Yo
DPM confirms $10m payout over CLICO
The Deputy Prime Minister yesterday confirmed that the Government will make another $10m payout to CLICO (Bahamas) clients before year-end.Speaking with reporters ahead of a Cabinet meeting, KP Turnquest, pictured, said: “The Government has been maki
Students lose math fear via web-based learning
The Bahamas Technical and Vocational Institute (BTVI) has been using Internet-based learning systems to reduce the fear of mathematics among its students. The subject has always been daunting for Darian Smith. Since high school, he always struggled w
BTVI deputy chair fulfills his promise
The Bahamas Technical and Vocational Institute’s (BTVI) deputy chairman, Peter Whitehead, has made good on his promise to donate an Apple computer to the institution.The Apple iMac computer is to be used in further improving and maintaining the insti
Governance reformer fears 'deeper hole' over new NHI
A leading governance reform campaigner yesterday warned The Bahamas will only dig itself into an “ever deeper fiscal hole” if National Health Insurance (NHI) is not properly funded or managed.Robert Myers, a principal with the Organisation for Respon
NHI changes to end 'falling through cracks'
THE Bahamian heath care system “lacks equity”, the National Health Insurance Authority’s (NHIA) chairman lamented yesterday, arguing that the revised scheme will prevent patients “falling through the cracks”. Dr Robin Roberts said: “What we have desi
Lucayan's 150 staff exits to cost $2-$3m
The Grand Lucayan’s chairman yesterday estimated it will cost the Government between $2-$3m to finance the voluntary departures of 150 workers seeking to leave the resort.Michael Scott, pictured, in a statement issued yesterday, confirmed that the Go
Disney competitor: 'Nothing ruled out'
Disney’s Lighthouse Point rival yesterday said “nothing is off the table” over the rejection of its “game changing” proposal, which it argued had been “misunderstood” by many in Eleuthera.Shaun Ingraham, chief executive of the One Eleuthera Foundatio
NIB rejected as NHI manager
The National Insurance Board (NIB) has been rejected as the National Health Insurance (NHI) scheme’s administrator because its costs are simply too high, a Cabinet minister has revealed.Dr Duane Sands, minister of health, who revealed the move at las
Private sector must do more in OECD fight
The Clearing Banks Association’s (CBA) chairman has urged the private sector to play a greater role in preventing The Bahamas from being “blindsided” by the OECD and other initiatives.Gowon Bowe told Tribune Business that the financial services indus
Perry ‘approved’ $1.5m web shop boss contract
Perry Christie and his Cabinet approved the award and financial terms of a web shop boss’s controversial $1.46m computer supply deal with the Ministry of Finance, court documents allege.
Small Business Centre moves on Disney project
THE Small Business Development Centre (SBDC) yesterday said it was moving to ensure to ensure Bahamian entrepreneurs are well-placed to exploit Disney’s proposed Lighthouse Point development.Davina Blair, pictured, the SBDC’s executive director, told
Top CIBC executive tours local branches
CIBC FirstCaribbean’s managing director of retail and business banking, Mark St Hill, recently toured the bank’s branches throughout The Bahamas.During his visit he attended the ribbon-cutting ceremony for the official opening of CIBC FirstCaribbean’
