Tag: Medical Aid Inflation

  • Medical Scheme Financial Pressure Escalates As Costs Soar

    South Africa’s private healthcare sector is facing a severe sustainability crisis. According to a new report by Alexander Forbes Health, the medical scheme industry is trapped in a tightening financial vice. Rising provider fees, escalating utilisation, and rapid technological advances are driving up the cost of care across the board. Paresh Prema, the head of technical and actuarial consulting at…

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