Investor
funds running into billions of naira are stuck as the doors have been slammed
on 55 Health Maintenance Organisations (HMOs) which were unable to meet the
National Health Insurance Scheme (NHIS) requirements for recapitalisation and
re-accreditation.
HMOs
are private or public incorporated companies registered by the NHIS to manage
the provision of health care services through health care facilities accredited
by the scheme. NHIS is the regulator of HMOs in the country.
The
NHIS had instructed the 77 HMOs in the country to raise their minimum capital
requirements to N400 million by August 31. On Wednesday, September 2, the NHIS
said only 15 HMOs were able to meet the deadline.
What
this means is that
