Examine the Corporate Governance Design Proposed in the NHI Bill - Arts & Humanities Assignment Help

Assignment Task

Instructions:
Context:
The National Health Insurance (NHI) Bill (attached) has attracted controversy due to the way it appears to institutionalise exposure to corruption and poor performance. This criticism has largely been provided by way of submission and presentation to the parliamentary portfolio committee on health.
Because of the criticism, the parliamentary portfolio committee has decided to review the governance structures for the NHI. It has therefore put out a specific request for alternative approaches that are able to incentivise good performance and ethical conduct.
You form part of an independent governance research institute that has decided to respond to this request.
 

Task:
Examine the corporate governance design proposed in the NHI Bill and develop a revised framework taking into consideration the following:
The goals of a supervisory structure of this nature
The adequacy of parliament as a supervisory structure
Ensuring the independence of the supervisory structure from both the executive of government, the management of the NHI fund and stakeholders
Role clarification
Approaches to instilling an ethical organisational culture
In drafting your report, consider the following structure:
Provide a critical review of the proposals as they stand with reference to the NHI Bill;
Establish a conceptual approach demonstrating your understanding of the issues, drawing on the module material; and
Provide a strategic set of recommendations for a revised corporate governance design that aligns with your critique and conceptual approach.
In drafting your report ensure that you address the following specific learning objectives:
Distinguish between the concepts of governance and accountability
Critically engage with the components of accountability and understand their differential application according to context
Critically engage with ethical dilemmas faced by individuals and societies
Critically understand the relationships between ethical considerations and a world characterized by a multiplicity of subjectively determined values
Understand the relationship between structural/institutional contexts and ethical conduct
As this is a capstone assignment, you are also expected to address the overall module objectives
Understand and apply the idea of public value as the outcome of governance frameworks
Critically understand the role of the social contract construct in the formation of resilient institutions and needed social policies (public value)
Understand the role played by social policy and the structural role it plays in the achievement of governance and public value
Critically engage with the complexity of the concept of governance as the institutional means required to balance power disparities in the achievement of public value
Understand the relationship between institutional frameworks and the conduct of organisations and individuals and apply this to actual situations
Apply an understanding of accountability to the design of systems and organisations central to the achievement of public value
Understand and apply ethical considerations in the design of institutions central to the achievement of public value.

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