South African MPS defer NHI vote
South African lawmakers have delayed a vote on a contentious national insurance plan aiming to reform the health system.
Health insurance
Discovery issues profit warning, cuts dividend as it sets aside R3.3bn for Covid-19 provisions
Discovery shares fell the most in two months after it warned full-year profit will drop because of provisions related to the Covid-19 pandemic.
đź”’ WORLDVIEW: Moenie worry nie SA, US medical aid costs R25,000 a month
Health insurance costs hit a benchmark in the US as the average cost of a plan for a family of four topped $20,000 (R300,000) a year. Makes SA look cheap.
The ins and out of upgrading and downgrading your medical aid plan
It is critical to ensure that your medical aid plan meets your family’s medical and financial needs, and that you are comprehensively covered at all times.
Discovery reports flat 1H profit, invests $150m into retail banking
Health insurer Discovery reported no growth in first-half profit weighed down partly by the cost of setting up a bank.
Welcome to the future: Discovery helping DNA mapping move from sci-fi to reality
South Africa’s Discovery Health has become the first company to sign a bulk DNA analysis deal with world famous scientist J. Craig Venter, who “discovered” how to map the human genome.
Discovery profits rise 17% – Vitality goes gold with Apple Watch
South Africa’s biggest health insurer Discovery reported a 17 percent rise in annual earnings, announces Vitality Rewards collaboration with Apple Watch.
Bloomberg View: Downside of Discovery’s deal with John Hancock
Discovery’s groundbreaking deal with 153-year old U.S. life assurer John Hancock, announced yesterday, is likely to encourage some Americans to alter unhealthy lifestyles. Yet universal acceptance of incentivising people through healthier lifestyles won’t come easily. Read more about Discovery’s latest partnership in this quirky and interesting article.
Discovery’s Gidon Novick: Meet the Chief Digital Officer of SA’s most innovative big business
Companies are increasingly giving their brightest executives responsibility for making sense of the digital world – for Discovery that means Gidon Novick.
Insurance over the holidays – dont leave home without it
If chance and fate conspire against you, neglecting to take out insurance will add insult to injury and loss. For the cost of a good night out you can cover yourself and your family for a vast array of mishaps while you are on the road.