NHIF adopts capitalization payment system

The National Hospital Insurance Fund has adopted capitalization payment system where payments are made in advance to accredited health service providers on quarterly basis.  The funds Chief Executive Officer Richard Kerich says the system helps check fraud in claims payouts where insurers are billed after the patient’s treatment by the various health facilities.  The NHIF boss says the new strategy has seen a reduction in claims payments for both inpatient and outpatient admissions.