According to the Council for Medical Schemes (CMS) 2023/24 annual report, younger South Africans are increasingly turning to medical insurance, which offers lower costs and is typically run by for-profit insurers, reported Daily Maverick (17 October 2024).
Business Day reported on 17 October that the SA Health Products Regulatory Authority (SAHPRA) requested additional financial support from the National Treasury.
“The National Department of Health (NDOH) is under intense scrutiny after awarding a R122m contract to Brainwave Projects SA for providing satellite-based internet connections to 800 health facilities across SA,” reported News24 (17 Oct 2024).
According to medical scheme administrators, medical inflation - rising 3% to 5% above general inflation – was the main reason for the high increases in medical premiums, reported Daily Maverick (16 Oct 2024).