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The National Health Insurance Authority is an agency of the government of the Bahamas, established under the National Health Insurance Act 2003. It is intended to secure the implementation of a national health insurance policy that ensures access to basic healthcare services to all residents.
The National Health Insurance program was established in 2017. This program gives anyone who is a resident of the Bahamas, healthcare for no cost up front when receiving the service. [2] There are about 42,000 Bahamians or 10% of the population that have enrolled, but membership is voluntary. The Out Islands are serviced by small government ...
Alfred Michael Sears is a Bahamian Progressive Liberal Party politician, lawyer, and educator serving as the Minister of Immigration and National Insurance since 2023. He also serves as the Member of Parliament for Fort Charlotte, a position he has held since 2021.
Other key responsibilities include administering the Office of the Prime Minister, the Government Printing Department, the National Emergency Management Agency, and the Department of Lands and Surveys as well as advising the Prime Minister on policy. The current Secretary of the Cabinet is Mrs. Nicole Campbell.
National Association of Insurance Commissioners (NAIC) and state-level insurance supervisors; Uruguay: Central Bank of Uruguay ; Superintendencia de Servicios Financieros (SSF) Uzbekistan: Ministry of Economy and Finance of the Republic of Uzbekistan: Vanuatu: Reserve Bank of Vanuatu: Vatican City: Supervisory and Financial Information ...
On May 2, 2002, D. Shane Gibson was elected to the Parliament of The Bahamas in the Golden Gates constituency in New Providence, as a member of the then ruling Progressive Liberal Party. On May 10, 2002, he was appointed by the then Prime Minister Perry Christie to the Cabinet as the Minister of Housing and National Insurance. [3]
The Bahamas does not impose income tax, inheritance tax or wealth tax. Social security tax is payable to the National Insurance Board at 3.9% by employees and 5.9% by employers, or 9.8% for self-employed individuals, up to maximum amounts. [8]
In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.