Momentum’s latest results point to a group that is gaining confidence in a tough insurance market. The standout move is operational, not financial. The Momentum Bonitas Deal means that, from June, Momentum will become the administrator of Bonitas, South Africa’s second-largest open medical aid scheme. It is described as the biggest medical scheme transfer in the country to date. This…
Tag: Corporate Benefits
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Weight-Loss Drug Costs Fuel US Employer Healthcare Cuts
More than half of large employers in the United States are planning to reduce their healthcare benefits in 2026. This decision comes as the skyrocketing cost of new weight-loss and specialty medicines puts unprecedented pressure on budgets. The soaring costs of weight-loss drugs are a key concern, according to a new survey. The report, released on Wednesday by consulting firm…