Connect with us

News

NHIB PLACED UNDER EXAMINATION, MINISTRY OF HEALTH AND HUMAN SERVICES REMOVES NHIB BOARD AND CEO AND BEGINS IMPLEMENTATION OF STABLIZATION AND RESCUE PLAN

Published

on

PRESS RELEASE

FROM THE MINISTRY OF HEALTH AND HUMAN SERVICES

 

 

 

Providenciales, Turks and Caicos Islands 7th March 2025 – Services (MOHHS) announces the immediate placement of the National Health Insurance Board into examination in accordance with section 39 of the Public Finance Management Ordinance and removes of the Board of Directors and the Chief Executive Officer (CEO). This action is due to Governor on the advice of the Cabinet, being satisfied on reasonable grounds that the financial viability of the NHIB is at risk or poses systemic risks to the public finances.

The decision to take this necessary action follows a comprehensive review of the NHIB’s financial operations, which revealed serious concerns about the financial viability of the NHIB and the need to ensure proper financial management and systems are restored to stabilize the NHIB so that it can carry out its functions in keeping with its statutory responsibilities.

The National Health Insurance Board (NHIB) plays a vital role in ensuring access to essential healthcare services for the people of the Turks and Caicos Islands. Through its management of the National Health Insurance Plan (NHIP), the NHIB provides coverage for medical treatments, local and overseas referrals, and other critical healthcare interventions that improve the quality of life for citizens and residents.

Sound financial management and transparency are the cornerstones of any public institution, particularly one as crucial as the NHIB. Proper oversight ensures that public funds are used efficiently, services are delivered equitably, and the trust of the people is maintained. The appointment of a well-established and experienced firm to conduct the review and make recommendations on how to improve the sustainability of the organization.

What is Examination – Examination is a statutory process for statutory bodies which is similar to the process referred to as Company Administration in respect of a private company, whereby an Insolvency Practitioner is appointed as Administrator to restructure a private company, with the aim of either turning it into a profitable company to preserve value and employment.  In essence, administration seeks to either provide time for a business to restructure and become profitable.  As a statutory body, the NHIB is not a company and cannot be placed in administration.  Being placed under Examination in accordance with section 39(2) of the Public Finance Management Ordinance is the similar process for statutory bodies.

The objective of the NHIB entering into examination is to stabilise and rescue it through proper management and restructuring to help it return to financial viability in a controlled and orderly manner under the management of suitably experienced and qualified experts in financial management.

The NHIB will continue to operate and carry out its functions.  These steps are being taken to ensure that the underlying business operations are undertaken through strong financial and administrative management and where necessary, restructuring.   Section 39(2)(b)(ii) of the Public Finance Management Ordinance allows for the Governor, on the advice of the Cabinet, to remove the members of the board of the NHIB from office and appoint a new board or a person to take over the management of that statutory body.  Acting in accordance with section 39(2)(b)(ii) of the PFM, Her Excellency the Governor Dileeni Daniel Selveratnam, acting on the advice of the Cabinet –

  1. a)         removed the existing Board of the NHIB and appointed an Interim Board, as follows:
  2. i)          Permanent Secretary, Premier’s Office, Interim Chairperson;
  3. ii)         the Deputy Governor or her representative;

iii)       the Attorney General or her representative;

  1. iv)        the Permanent Secretary, Finance or her representative;
  2. v)         the Permanent Secretary in the Ministry with responsibility for health or her representative;
  3. vi)        the Director of Health Services (Chief Medical Officer);

vii)       the Director of the National Insurance Board;

viii)     the Interim Chief Executive Officer.

  1. b)         appointed INTERPATH, an experienced professional firm as examiner in accordance with section 39(2)(i) of the PFMO.

The Hon. Minister of Health, Kyle Knowles, acting on the policy advice of the Cabinet, has today appointed Dr. Pharez George, as Interim Chief Executive Officer for the time being.

Examination is appropriate because the NHIB is financially distressed but has underlying value and serves a key purpose.  Section 39(2) of the PFMO empowers to the Governor on reasonable grounds, to place the NHIB into examination, where the financial viability of the NHIB is at risk or the NHIB poses systemic risks to the public finances.  The statutory body examination process may be a tough and intimidating one for the staff of the statutory body, but it can help provide a much-needed recovery route if conducted in the correct manner leading to greater security for the beneficiaries and staff alike.  Having the professional assistance from a qualified insolvency practitioner will help the Interim CEO and the Interim Board to understand their responsibilities and legal obligations at what a difficult time for not only the business is, but for Board and employees, suppliers, clients and all creditors owed money.

The examiner is required to immediately take over the day-to-day management of the NHIB and must put together a precise and extensive plan of action for the Government’s approval.

Commenting on the agency’s restructuring, Minister of Health and Human Services, Honourable Kyle R. Knowles stated “The Ministry of Health and Human Services remains committed to upholding the highest standards of governance and accountability. To improve confidence in the NHIB, an interim leadership team has been appointed to oversee its day-to-day operations through a stabilization and rescue plan that will result in a full review of its current structure and operations and recommendations for restructuring. This plan will focus on strengthening financial controls, enhancing operational transparency and accountability  and efficiency of operations and service delivery in the best interests of the health of the people of the Turks and Caicos Islands.

The Honourable Premier and Minister with portfolio responsibility for Finance, Honourable Charles W. Misick stated “The Government of the Turks and Caicos Islands is unwavering in its dedication to safeguarding the public’s health and trust and ensuring that the NHIB operates with integrity, efficiency, and accountability. My Ministry reassures the public that all necessary steps are being taken to reinforce financial discipline within the institution. The well-being of our people remains our top priority. We will continue to work diligently to improve confidence in the management and operations of the NHIB, ensuring that it fulfils its mandate effectively and that the healthcare needs of our citizens and residents are met without compromise.”

Government

$94.1Mfor Health; Knowles Pushes to Keep Care at Home

Published

on

Turks and Caicos, April 25, 2026 – A major shift in how healthcare is delivered in the Turks and Caicos Islands is at the center of the Government’s latest budget, with a focus on reducing reliance on overseas treatment and strengthening services at home.

Presenting his contribution to the national debate, Kyle Knowles outlined a strategy aimed at building a more sustainable healthcare system—one that allows more residents to access quality care within the country.

The health sector has been allocated $94.1 million, making it one of the largest areas of public spending in the $550.8 million Budget passed on April 23.

Central to the Minister’s approach is a restructuring of the Treatment Abroad Programme (TAP), which has grown significantly in recent years as more patients are sent overseas for specialized care.

The Government now aims to reverse that trend.

“We are reforming healthcare to ensure long-term sustainability,” Knowles indicated, pointing to efforts to strengthen local services and reduce the need for travel.

The strategy includes improving healthcare infrastructure, expanding services available within the islands and increasing efficiency through the digitization of medical records.

Digitization is expected to support better coordination of care, reduce delays and allow for more accurate tracking of patient needs—part of a broader effort to modernize public services.

The Minister emphasized that the goal is not only cost control, but improved access.

“No family should have to leave home to get quality care,” he said, underscoring the Government’s intention to refocus healthcare delivery on local capacity.

The shift comes as rising healthcare costs continue to place pressure on public finances, with overseas treatment representing one of the most expensive components of the system.

By investing more heavily in domestic services, the Government is seeking to reduce that burden while improving outcomes for residents.

While the direction is clear, details on timelines and the pace of expansion for local services were not fully outlined in the presentation.

Still, the emphasis on sustainability, access and modernization signals a strategic pivot in how healthcare is expected to evolve in the Turks and Caicos Islands.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

Continue Reading

Government

Premier Defends Budget Strategy, Rejects Claims of Inefficiency

Published

on

Turks and Caicos, April 25, 2026 – Premier Charles Washington Misick has pushed back against criticism of the Government’s newly passed budget, defending both its direction and execution as deliberate and necessary for national development.

Wrapping up debate on the $550.8 million Budget, passed on April 23, the Premier dismissed concerns raised by the Opposition about inefficiency, rising costs and gaps in delivery, insisting the Government’s approach is measured and focused on long-term growth.

“This budget is about delivering for our people,” Misick said, as he reinforced the administration’s commitment to infrastructure, healthcare expansion and broader economic development.

Opposition Leader Edwin Astwood had earlier challenged the Government’s performance, pointing to unfilled posts, delayed projects and what he described as weak execution despite increasing allocations.

In response, the Premier rejected the notion that the Government is failing to deliver, instead arguing that building national capacity takes time and sustained investment.

He maintained that staffing challenges are being addressed and that improvements across ministries are ongoing, even as demand for public services grows.

The Premier also defended the scale of spending, framing it as a necessary step to support development across the islands, rather than unchecked expansion.

“We are investing in the future of this country,” he said, pointing to continued funding for infrastructure, community development and public services.

On the question of equitable growth, Misick reiterated his administration’s focus on balanced development, including ongoing investments in the Family Islands.

He argued that progress is being made, even if transformation is not occurring as rapidly as some would like.

Throughout his closing remarks, the Premier leaned on the country’s economic fundamentals—highlighting strong cash reserves, stable growth projections and international confidence in the Turks and Caicos Islands’ fiscal management.

While the rebuttal addressed criticism head-on, it did not significantly alter the structure of the budget or introduce major new measures in response to concerns raised during the debate.

Instead, the Government’s position remained consistent: the plan is in place, the investments are targeted, and delivery will continue.

The exchange underscores a clear divide—between an Opposition pressing for faster, more measurable results, and a Government maintaining that its strategy is already on course.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

PHOTO COURTESY OF THE OFFICE OF THE PREMIER

Continue Reading

Government

Digital Government Push Advances, but Reliability and Security Details Remain Unclear

Published

on

Turks and Caicos, April 25, 2026 – There was no mistaking the enthusiasm of the Minister of Finance, Investment and Trade, E. Jay Saunders, as he laid out his vision for a more digitally driven Turks and Caicos Islands—one where services are faster, systems are connected, and doing business is easier.

But within that forward-looking presentation, what remained notably absent were clear timelines and defined measures to ensure data security and system reliability.

“We are moving toward a fully integrated digital government,” Saunders told the House, as he outlined a future where public services are delivered seamlessly through technology.

With responsibility for the country’s economic and digital transformation, Saunders pointed to several areas expected to be reshaped by the rollout of e-government systems, including revenue collection, business licensing, customs processing and access to public services—all designed to reduce delays, improve compliance and streamline transactions.

The vision is one of convenience and efficiency: fewer lines, faster approvals, and systems that communicate across departments rather than operate in silos.

Within the framework of the Government’s $550.8 million Budget, passed on April 23, the digital push is positioned as a key driver of modernization and improved service delivery.

However, for many users, the experience of government systems today remains inconsistent.

Periodic outages, payment disruptions and service downtime continue to affect daily transactions, raising practical concerns about how quickly the country can transition to a fully digital model.

Despite the scale of the ambition, the Minister’s presentation did not directly address how system reliability will be strengthened or how data will be protected as more services move online.

Those elements—uptime, security and resilience—are critical to public confidence, particularly as businesses and residents become increasingly dependent on digital platforms to access government services.

The direction is clear, and the potential impact is significant.

But as the country moves closer to greater digital dependence, the success of that transformation will ultimately rest not just on what is promised—but on whether the systems can be relied upon when they are needed most.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

Continue Reading

FIND US ON FACEBOOK

TRENDING