Discovery is starting to sell private health cover in South Africa at about a third of the price of its prior entry-level product
The administrator of SA's largest medical-insurance provider will offer primary care for about R350 a month, giving customers access to a network of doctors, emergency procedures and treatment for chronic conditions including HIV.
More affordable South African insurance could help address a shortage of doctors and dilapidated facilities in the public health system, which is relied on by at least 72% of the nation’s 60 million people. While the country’s ruling party agreed to enact universal national health insurance, known as NHI, in 2007 its implementation has stalled while funding and operational details are ironed out.
Discovery has been criticised regularly over its rising premiums, and a 2018 industry inquiry ruled the company contributed to an uncompetitive market by generating far higher profit than competitors.
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