Netcare has announced that Mark Bower will retire as chairperson of the healthcare group at the end of September. He will also step down as chairperson of the nomination committee and as a member of the audit, risk, remuneration, social, and ethics committees, also with effect from September 30. Bower joined the Netcare board as an independent non-executive director in…
Category: August 2024
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SA’s healthcare reform and National Health Insurance
In South Africa, less than 16% of people have private medical insurance, and nearly three-quarters of those insured are white. Despite only serving a small portion of the population, private healthcare consumes about 50% of the country’s health expenditure. With the remaining 50% of the health budget, the public health sector manages to provide Universal Health Care services to 70%…