Zacca Joins Howls of Criticism of New Tax on Group Health Insurance

The government is facing more criticism for placing General Consumption Tax, GCT, on group health insurance.

Prominent businessman, Christopher Zacca, has joined in criticizing the government for what’s been referred to crudely as the ‘health tax’.

Mr. Zacca — who’s the immediate former Chairman of the National Health Fund — says it’s going to put more burden on what he says is an ‘already under-funded health sector’.

Mr. Zacca made those comments in an interview with Nationwide News this morning after a press briefing at the Sagicor Group Auditorium in New Kingston, St Andrew.

He also said ‘it’s not the right thing to do’, adding it’ll ‘damage’ the public health sector.

At the press conference, he was formally announced as Sagicor’s incoming Chief Executive Officer, replacing Richard Byles.

Mr. Byles has also criticized the tax, describing it as ‘crazy’ and suggesting that the government should find alternative source of funding.

Mr. Zacca recently resigned as Chairman of the National Health Fund, NHF.

Last week, Finance Minister, Audley Shaw announced the imposition of 16-point-5 percent GCT on group health insurance.

It’s to take effect on April 3.