Medical schemes, including Discovery, are desperate to launch low-cost medical aid products. But the regulator is, bizarrely, fighting these plans in court, writes robrose_za.
Fingers crossed, the country’s largest medical aid scheme, Discovery, will launch its low-cost health insurance product this year at a monthly premium of between R300 and R350.
“We’re ready to go, and if you were to answer my prayers, we’d be able to launch it this year, but it all depends on regulatory approval,” says Ryan Noach, CEO of Discovery Health. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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