National Health Insurance Investment Committee
The National Health Insurance Investment Committee manages the investments of the BVI’s National Health Insurance Fund to ensure its long-term sustainability and support affordable, quality healthcare for all residents.
Our Commitment to Serve
The National Health Insurance Investment Committee (NHIIC) is a statutory body established under the National Health Insurance Act, 2004, tasked with overseeing the investment management of the National Health Insurance Fund in the British Virgin Islands (BVI). The committee's role is crucial in ensuring the long-term financial sustainability of the National Health Insurance (NHI) program, which provides healthcare coverage to all BVI residents.
The NHIIC is committed to managing the investments of the Fund prudently, balancing growth, risk, and security, to ensure that the NHI program can meet the healthcare needs of the BVI population for generations to come.
Our Mission
The mission of the National Health Insurance Investment Committee is to secure the financial health and sustainability of the National Health Insurance Fund through effective management of its investments. By maximizing the returns on these investments, we aim to ensure that the NHI program remains viable, resilient, and capable of providing essential healthcare services to all residents of the BVI.
Key Responsibilities
The NHIIC is responsible for the following:
- Investment Strategy and Oversight
The committee formulates and implements a strategic approach to the Fund's investments, ensuring that all investment decisions align with the program's long-term goals of financial stability and healthcare accessibility. - Risk Management
The NHIIC assesses and manages the risks associated with the Fund’s investments, balancing the need for returns with a responsible approach to risk. - Financial Reporting and Transparency
The committee ensures transparency in its operations by providing regular reports on the performance of the Fund and its investments to the government and the public. Accountability is a key principle in our work. - Advisory Role
The NHIIC offers strategic advice to the government on matters related to the NHI program, including policy recommendations and financial strategies that support the Fund’s ongoing sustainability. - Sustainable Growth
We prioritize investments that contribute to the long-term growth of the Fund, ensuring it can meet its financial obligations while supporting the future needs of healthcare services in the BVI.
Committee Structure
The National Health Insurance Investment Committee is composed of highly skilled professionals with expertise in finance, investments, and healthcare. Members of the committee are appointed based on their experience and commitment to the success of the NHI program. The committee operates with transparency and accountability, ensuring that all investment decisions are made in the best interests of the BVI's residents.
Our Goals
- To safeguard the financial integrity of the National Health Insurance Fund
- To ensure that the NHI program can continue to provide affordable and quality healthcare to the BVI population
- To manage investments that yield sustainable returns while minimizing risks