Discovery Health estimates Covid-19 will cost the medical schemes industry up to R31bn depending on the severity of the pandemic
No big jump in premiums in the short term if there's a serious outbreak, says Discovery Health CEO Ryan NoachDiscovery Health, SA’s biggest medical-scheme administrator, says that savings from a huge drop in hospital claims during the national lockdown will not be enough to offset a surge in costs as the Covid-19 epidemic deepens.
Discovery Health administers 3.5-million of SA’s 8.9-million medical scheme members. It counts Discovery Health Medical Scheme , the biggest open scheme in the country, as one of its 19 clients.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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