Medical aid
Council wants med aid premium hikes capped, but this would limit benefits also
The Money Show interviews Alexander Forbes' Paresh Prema and Profmed CEO Craig Comrie.
Stats SA said that the average annual increase across medical aid schemes in February was 4.7%, which was substantially lower than the 9.6% recorded in the same month last year.
He has chaired an inquiry into discrimination against Black, Coloured and Indian health professionals by medical aid schemes, which has released a scathing report on Tuesday.
An interim report released has found that Discovery, Medscheme and GEMS have been unfairly classifying black health professionals as likely to commit fraud.
The dramatically scored video released last month was Egypt's latest attempt to project soft power globally by sending medical aid to countries that have included China, Italy, Sudan and the United Kingdom.
Experts have advised citizens to consider options to make premiums cheaper before cancelling their cover.
Experts said that medical aid and gap covers were likely to be the first things consumers shave-off during tough economic times.
Normally, a virus-like the COVID-19 would not be covered under prescribed minimum benefits.
Breast reduction surgery could soon be covered by a large medical aid after women shared their experiences on having to pay for the procedure themselves.
The NHI is the financing system that seeks to provide quality universal health care services to all South Africans to create an equal society.
Statistician-General Risenga Maluleke released the Inequality Trends report for South Africa on Thursday, which found that the country remained one of the most unequal nations in the world.
Health Minister Zweli Mkhize said that government spent half of its healthcare budget on subsidising some small private health care groups, through medical tax rebates.
The commission’s inquiry has found that health practitioners had been sending patients to private hospitals unnecessarily, just because medical schemes would pay.
Law firm Elsabe Klink and Associates made representations on Wednesday at the inquiry looking to allegations of racial profiling by medical schemes.
The SAPPF presented evidence at the section 59 inquiry in Centurion, which was looking into allegations of racial profiling in the medical profession.
By Dr Jack.
By Dr Jack.
The department gave evidence at the Section 59 inquiry into allegations of racial profiling in Centurion.
The Health Funders Association denied allegations that medical schemes targeted black and Indian health professionals and fraudulently withheld their payments.