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Minister Sears makes Inaugural Visit to NIB
9/22/2023 6:49:12 PM
Nassau, Bahamas - Newly appointed Minister for Immigration and National Insurance, The Hon. Alfred S...
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7/24/2023 3:35:37 PM
The Bahamas 50th Independence celebrations around the National Insurance Board - Bahamas...
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7/3/2023 2:50:10 PM
The National Insurance board (NIB) is soliciting expressions of interest from qualified Bahamian Con...
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NIB STAFF BRIEFED ON NATIONAL PRESCRIPTION DRUG PLAN
2/4/2010 11:06:15 AM
Top Managers and Customer Service staff of the National Insurance Board received a detailed briefing Tuesday on the National Prescription Drug Plan (NPDP) which is expected to be launched by April 2010.
Dr. Stanley Lalta, Project Manager for the National Prescription Drug Plan (NPDP), told NIB staff that one in three Bahamians or one person in every household is affected by chronic diseases which adversely impact quality of life, productivity and personal finances.
He added that one of the major constraints people with chronic diseases encounter is inadequate access to their prescription drugs either because of long waiting lines and unavailability in the public sector or the cost of drugs in the private sector.
According to Dr. Lalta the National Prescription Drug Plan is focused on both treatment and prevention. In the treatment component it seeks to enhance access to drugs in the public and private pharmacies while reducing the financial burden of prescription costs for persons with chronic diseases.
“Better access means that you can get the drugs on time when you need them in the right quantity at a limited cost to you which means that you can be more compliant in seeking and using medication and that hopefully should have the beneficial impact we’re looking for,” Dr. Lalta said.
The first phase of the plan will provide prescription drugs from an approved list free of charge to members. This will cover approximately 30,000 to 35,000 persons including NIB pensioners, NIB invalids and children under 18 years of age or under 25 years if in full time education.
In order to be eligible for membership in the plan these persons must be diagnosed by a licensed physician with one or more chronic diseases including arthritis, asthma, breast cancer, diabetes, glaucoma, high cholesterol, hypertension, ischaemic heart disease, major depression, prostate cancer and psychosis.
Tami Francis, Manager, NPDP, said both public and private pharmacies will be contracted to provide drugs approved by the NPDP. Registered members of the plan will receive a swipe card from the NPDP which they must present to any participating pharmacy at the time of filling/claiming their prescription.
According to Mrs. Francis all NIB departments will be needed to successfully implement the plan.
“The next steps for implementation of the plan are completing our regulations, implementing an IT system that is currently underway, recruitment and training staff that is now in progress, contracting pharmacies and conducting public outreach,” Mrs. Francis said.
Pictured in the Photo Above
: Dr. Stanley Lalta, Project Manager, National Prescription Drug Plan and Tami Francis, Manager for the Drug Plan brief NIB staff.
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NATIONAL PRESCRIPTION DRUG PLAN EARLY REGISTRATION DETAILS
2/16/2010 11:38:01 AM
Who is Eligible? In the first phase of the National Prescription Drug Plan coverage has been extended to three specific groups. These groups include NIB pensioners, NIB invalids and children under 18 (or under 25 if in full- time education). For persons of these groups to be eligible for membership in the Plan, they should have been diagnosed with one or more of the 11 chronic diseases covered by the Plan.
Bahamas Weekly Article - Phase I of National Prescription Drug Plan
2/11/2010 10:37:00 AM
By Matt Maura Marsh Harbour, Abaco, Bahamas - The National Prescription Drug Plan will provide free medications for 11 chronic, non-communicable diseases to 35,000 Bahamians in its initial stage, Tami Francis, Drug Plan Project Manager said Tuesday.
Gregory Collie Gets NIB Directors Award
2/5/2010 9:40:17 AM
Last year, staff of the National Insurance Board (NIB) embraced the slogan “Excellent Customer Care Starts With ME!” At NIB’s 2010 Leaders Conference, held on Paradise Island in January, Director Algernon Cargill told leaders that the focus of this excellent care must not be limited to the external customer, but should be directed to the internal customers as well. To demonstrate his administration’s commitment to promoting the wellbeing of the internal customer – NIB staff – he announced a number of initiatives, including the establishment of a “Director’s Award” which would annually honor those individuals whose outstanding achievements, dedication, leadership, customer service and expertise would have made a significant impact on the organization and its mission over the previous year.
Press Response to a letter from the Nassau Institute
9/21/2009 12:00:00 AM
The National Insurance Board (NIB) wishes to address and correct “facts” advanced by the Nassau Institute in a letter to the Editor, published in the Nassau Guardian of Saturday, September 19, 2009, and referenced in a Tribune article on September 21, 2009. In that letter, the Nassau Institute incorrectly suggested that National Insurance is proposing an 84.1% increase in taxes
NIB Press Release On Report of 8th Actuarial Review of the National Insurance Fund
9/4/2009 12:00:00 AM
On September 2, 2009, Prime Minister the Right Honourable Hubert Ingraham, tabled in the House of Assembly the report of the 8th Actuarial Review of the National Insurance Fund, which was completed and formally presented to Government in 2008. The Report, which covers a review period from January 2002 to December 2006, gives a comprehensive assessment of the current and future finances of the National Insurance Fund, and reviews the state of the country’s primary social security system from a social standpoint, assessing the adequacy and relevance of the level of benefits now offered. The Review, like all others prior to it, makes recommendations designed to strengthen both the social and financial aspects of the Fund to ensure that National Insurance is able to meet its obligations well into the future. It takes a historical look at past trends and experiences as well as makes financial forecasts for the future. Demographic and financial projections up to 2066 have been presented.
Press Release By the National Insurance Board
7/23/2009 12:00:00 AM
A “business person in Fox Hill” suggested in a letter to the Editor (What’s Going on at NIB? – Tribune 23/09), that with the recent move of Inspectors from the National Insurance Board’s Fox Hill Local Office to its Jumbey Village Local Office in the Clifford Darling Complex, the Board’s operations in Fox Hill will close down. According to Greg Collie, Senior Manager for Compliance with responsibility for the Inspectorate, nothing could be further from the truth. He said the Fox Hill Local Office is not closing down.
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