Featured Article

Bank card vs. Smartphone: What is the difference?

By Staff Writer

Although debit card fraud has decreased in South Africa, credit card fraud has risen to an annual loss of R436.7 million. This is according to the 2017 Card Fraud Stats, which was released by the South African Banking Risk Information Centre (Sabric) in April this year.

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Latest News

Financial News,Medical aid

How can private healthcare be anticompetitive?

By Isabelle Coetzee

Competition among medical aid providers is neither as vigorous nor as effective as it could be, said former chief justice, Sandile Ngcobo, during the presentation of the Health Market Inquiry (HMI).

How can private healthcare be anticompetitive?
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Medical aid,Tax

Funding universal healthcare in South Africa

By Isabelle Coetzee

The National Treasury confirmed during the Budget Speech that it will continue to fund the development of a National Health Insurance (NHI) over the next three years.  

Funding universal healthcare in South Africa
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Medical aid

Surgeries NOT covered by medical aid

By Isabelle Coetzee

Certain surgeries are not covered by medical aid schemes because they are considered cosmetic surgeries, rather than functional surgeries. The former focusses on a patient’s aesthetics, whilst the latter strives to improve a patient’s health. However, a handful of surgeries appear to be cosmetic, but they are actually functional. In these cases, how do medical aid schemes distinguish between the two?

Surgeries NOT covered by medical aid
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Medical aid

Competition Commission investigates big pharma on over-charging on cancer treatment

By Angelique Ruzicka

The Competition Commission is looking at three major global pharmaceutical companies operating in South Africa for alleged over-pricing of cancer medicines.

Competition Commission investigates big pharma on over-charging on cancer treatment
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Medical aid

Discovery Health welcomes Commission’s cancer med cost investigation

By Angelique Ruzicka

Dr. Jonathan Broomberg, CEO of medical aid administrator Discovery Health, has welcomed the Competition Commission’s investigation into three major pharmaceutical companies, which include Roche Roche, Pfizer and Aspen.

Discovery Health welcomes Commission’s cancer med cost investigation
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Medical aid

Doctor consultation app launches in South Africa

By Angelique Ruzicka

The Medici app is now available in South Africa and will continue to expand into the rest of Africa. It allows patients to communicate virtually with their own medical providers via text, call or video, anytime, anywhere. 

Doctor consultation app launches in South Africa
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Medical aid

Medical aid: CMS told to consolidate case against SAMA

By Jessica Anne Wood

The Council for Medical Scheme (CMS) has been ordered by the Competition Tribunal to submit further particulars and consolidate its case against the South African Medical Council (SAMA).

Medical aid: CMS told to consolidate case against SAMA
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