BVI Government investing into BVI Health Services Authority

The new Premier and Minister of Finance Andrew Fahie made the announcement during the budget address in the House of Assembly that BVI Government will invest US$2,5mln into the BVI Health Services Authority. The main purpose of the investment is to boost medical tourism in the territory. The Premier also said: “This essential investment is critical to ensuring that the BVIHSA is able to collect sufficient revenue to meet all of its obligations.”

By words of BVI Premier, when medical tourism starts generating sufficient revenue, the government will no longer inject millions into the BVIHSA through the National Health Insurance (NHI) scheme. The NHI receives a yearly allocation of US$42 million from the BVI’s annual budget. 

This year, the Ministry of Health was allocated total amount of US$60,552,125, which makes 10.2% of this year’s US$426 million budget.