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Bermuda Health Council Issues Statement on Mandate, Funding Structure, and Regulatory Responsibilities

Bermuda Health Council Issues Statement on Mandate, Funding Structure, and Regulatory Responsibilities

Posted on 16 March 2026 (16 March 2026)(https://healthcouncil.bm/bermuda-health-council-issues-statement-on-mandate-funding-structure-and-regulatory-responsibilities/) by Taja Fox(https://healthcouncil.bm/author/tajafox/)

Hamilton, Bermuda, 16th March 2026 – The Bermuda Health Council is issuing the following statement in response to recent media inquiries regarding the Council’s mandate, funding structure, and regulatory responsibilities within Bermuda’s health system.

The Bermuda Health Council is a statutory authority whose mandate is to regulate, coordinate, and enhance the delivery of health services in Bermuda. Under the Health Council Act, the Council’s responsibilities include licensing health service providers and insurers, regulating drug prices to the public, maintaining national health registers, collecting and analyzing system data, and advising Government on health system priorities. See attached Board Governance Matrix – 2026.(http://healthcouncil.bm/wp-content/uploads/2026/03/BOARD-GOVERNANCE-MATRIX-2026.pdf)

The Health Council regulates and coordinates a health system representing over $800 million in annual health expenditure, not including significant portions of long-term care and social care services. The Council carries out this work with a relatively small team responsible for licensing, regulatory oversight, system analysis, and health system improvement, and operates with an overall budget representing less than half of one percent of the health system it oversees, with the goal of ensuring safe, fair, and sustainable care for patients.

With respect to funding, the Council’s allocation from the Mutual Reinsurance Fund has not changed since 2021 and will not increase this year. The Council will, however, receive an additional $250,000 Ministry grant to support the IT development of organ transplant registries, portals, and disease registries aimed at improving the coordination of care for patients.

Regarding financial reporting, the Council is currently completing the 2023–24 external audit, and acknowledges that publication is running approximately one year behind schedule. This delay arose following the island-wide cyber incident that affected a number of public systems and audit processes. In the meantime, the Council’s financials continue to be reviewed regularly through detailed reporting to the Board, the Ministry of Health, and the Ministry of Finance, and remain subject to the statutory audit and governance requirements that apply to public authorities. The accounts will be published upon completion of the audit process.

The article also references the administrative allocation associated with the Standard Health Benefit premium.