Parliament has approved GH¢9.27 billion for the National Health Insurance Authority (NHIA) to undertake its activities for the year ending December 31, 2026.

The House also approved GH₵2.90 billion for the Ghana Medical Trust Fund (GMTF), popularly known as MahamaCares, for the year ending December 31, 2026.

The approvals followed the adoption of reports of the Committee of the Whole on the proposed formulas for the disbursement of the National Health Insurance Fund (NHIF) and that of the GMTF for this year.

The proposed formulas for both GMTF and the NHIF were presented to Parliament on Tuesday, February 4, this year, and was referred to the Committee of the Whole for consideration and report.

The object of the NHIF is to pay for healthcare services of members of the National Health Insurance Scheme (NHIS).For the purposes of implementing the object of the fund as provided under section 40(2) of Act 852, money from the Fund shall be expended to pay for the healthcare costs of members of the NHIS.It will also be used to pay for approved administrative expenses in relation to running the NHIS, facilitate the provision of access to healthcare services and undertake investments to promote access to healthcare services as may be determined by the Minister of Health, in consultation with the board of the authority.