The Ministry of Finance’s top official says “everything is on the table” with VAT-related reforms, which could have raised medical costs for thousands of insured Bahamians, now not proceeding prior to the Budget at end-May.
Simon Wilson, the financial secretary, told Tribune Business that the Davis administration was keen to ensure the proposal – which would effectively switched the liability for paying VAT on health insurance claims payouts from the insurance companies to patients – “works for everybody”.
Source: www.tribune242.com
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