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Medical schemes, gap cover policies and primary healthcare plans each offer valuable protection against healthcare costs, but costs are being shifted between these products – undermining attempts to contain rising healthcare expenses, actuaries warn.
A fund that provides healthcare to thousands of retired soldiers has been thrown an R840 million lifeline by Treasury to keep its services running amid a deepening financial crisis.
Discovery Health has won a major court victory against the Road Accident Fund, which had been trying for years to avoid compensating accident victims whose medical expenses were covered by medical aid.
The retirement fund and medical scheme representing postal workers have opposed the South African Post Office’s planned exit from business rescue because they want workers to receive a slice of an additional R509 million payout.
San Francisco-based company Healthleap, which uses AI to flag patients at risk of undiagnosed medical conditions, was co-founded by South African siblings Josiah and Jemima Meyer.
Defence Minister Angie Motshekga has promised retired soldiers that they will continue to receive healthcare, while admitting that their medical fund is “unsustainable” in its current state.