Benefits and Assistance
The Appeals Process
The NIB Programme
NIB Act and Regulations
Official Gazette Prescription Drug Fund Act 2009
New STB Forms
Employment at NIB
Employer Self Service
Benefit & Assistance
Flyers and Display Ads
New Providence Offices
Grand Bahama Offices
Family Island Offices
Benefits and Assistance
NIB/Public Hospitals Authority Blood Drive in Freeport
3/4/2024 3:09:43 PM
As a part of NIB’s 2nd event in our Road to 50 Holistically Balanced Series, NIB partnered with the ...
NIB / Doctors Hospital Host Successful Blood Drive in New Providence
2/22/2024 5:49:10 PM
A big thank you to everyone who turned out and generously donated blood at NIB 50th Anniversary Bloo...
New Providence Blood Drive: Staff Pre-Registration Event
2/16/2024 3:23:48 PM
As the ultimate show of love this Valentine's Day, staff of NIB were invited to pre-register.....
Registration and Contributions
Joint Statement by NIB and The Bahamas Pharmaceutical Association
5/12/2010 6:05:32 AM
The National Insurance Board and The Bahamas Pharmaceutical Association announced on Thursday that they are working together to successfully launch the National Prescription Drug Plan (NPDP) in August of this year.
Both organizations said their single focus is to support the implementation of the plan which will ensure increased access to prescription medication for the treatment of eleven chronic diseases in Phase I of NPDP. In view of this resolve and the desire of both parties to contribute to instituting the Plan in its best possible form, NIB and the BPA have agreed that neither party will make any additional public statements regarding their discussions towards this goal.
Algernon Cargill, Director of NIB said “We do understand that there may be differences between NIB’s proposal and what the BPA and its members may want to see. NIB is working within a set of approved parameters that we believe provides for a fair and reasonable return, given all of the circumstances, to maximize the participation of local pharmacies. We have consulted widely with the BPA and other key stakeholders to ensure that the approved Plan will provide significant relief to Bahamians suffering from one or more of the 11 chronic diseases identified by NIB in the first phase of the Plan. The feedback we have received from registered beneficiaries and the general public is that NPDP is revolutionary and will increase their access to prescription medication and enable them to better manage their chronic conditions. We believe that at the end of the day, the NPDP that is being introduced will be successful and will be a wonderful business opportunity for the participating pharmacies that choose to join the Plan.”
Dr. Marvin Smith, President of the BPA said the intent of the BPA has always been to partner with the government to ensure a viable, sustainable plan for the Bahamian people.
“Pharmacists are a key part of the healthcare system and the BPA assures the public that our members view the access to healthcare as a fundamental right of every Bahamian. It is the intention of the BPA to continue to work with NIB to produce a programme that will benefit everyone it serves. We will do all we can to ensure that the Drug Plan and the private pharmacy sector can both be sustained, and that this Plan can provide benefit to our people for generations to come. We do this in the spirit of cooperation,” Dr. Smith said.
Enter the code from the picture
Executive Appointments - Rowena Bethel and Abraham Butler
9/2/2013 10:16:55 AM
Grant Thornton Forensic Report into allegations against Mr. Algernon Cargill
5/27/2013 2:42:24 PM
Talent Management Closing the Feedback Loop
1/25/2012 11:53:00 AM
Feedback metrics and more traditional deata helped the National Insurance board of The Bahamas commit to customer service.
NIB Computer World Honors
6/16/2011 6:13:00 AM
In connection with its National Prescription Drug Programme (NPDP), the National Insurance Board has had another star added to its crown in a year that has already recorded a number of outstanding successes for the Board. NIB has been named a Laureate in the 2011 Computerworld Honors Programme and is being considered for a second even more celebrated honour. The achievements of NIB and other 2011 Laureates will be recognized publicly on Monday, June 20 at a black tie awards ceremony and gala celebration at the Andrew W. Mellon Auditorium in Washington, DC. Raymond Wells, Deputy Director, Information Technology will represent NIB at the 2011 event.
NIB Contributions Regulations Relative to Hospitality Workers & Pensionable Civil Servants
6/9/2011 6:08:00 AM
For the information of affected persons and the general public, the National Insurance Board wishes to advise that implementation of the July 2010 amendments to the National Insurance Contributions Regulations relative to hotel/hospitality workers, and Pensionable Civil Servants will no longer happen on July 1, 2011, as previously announced; the amendments are now scheduled to take effect on July 1, 2013. These two amendments will be the last of a package of changes, approved by Parliament last year, to take effect. They are aimed at providing better coverage to more workers of the country.
Changes to NIB Contributions and Regulations
12/30/2010 4:39:00 AM
Higher Insurable Wage Ceiling Contributions (for both the employer and the employee) in respect of the employee who makes more than $400 per week has increased. While the rate of contributions remains the same, the new wage ceiling is $500 per week/$2,167 per month. For weekly paid persons, the first salary deduction at the higher rate will be for the pay period in which January 3 falls.
RSS Member Login
Contributions Rates & Ceiling 2022
NIB Value Added Tax TIN
Know Your Contributions Facility Instructions
Employers can request Letters of Good Standing
NIB COVID 19 Updates
11th Actuarial Review
10th Actuarial Review
2019 Annual Report
2018 Annual Report
2017 Annual Report
2016 Annual Report
2015 Annual Report
2014 Annual Report
2013 Annual Report
2012 Annual Report
9th Actuarial Review
2011 Annual Report
2009 Annual Report
2010 Annual Report
2008 Annual Report
2005 SSRC Report
8th Actuarial Review
7th Actuarial Review