CMS investigates conduct of actuary after criticsm

The Council for Medical Schemes (CMS) has announced that it is investigating the conduct of the actuary who publicly accused it last week of stalling the development of cheap, pared-down options aimed at low-income households, reported Business Day (24 May 2022)

Dis-Chem’s revenue exceeds R30-bn

 

Business Day, reported on 24 May 2022 that pharmacy group Dis-Chem’s recent string of acquisitions helped its revenue exceed R30-bn for the first time in its history in its 2022 financial year.

Netcare posts strong interim earnings and declares a dividend

 

Private healthcare and hospital group, Netcare, warned that the risks posed by an uncertain global environment, saying Covid-19 shutdowns in China, the war in Ukraine, potential new coronavirus variants and rising inflation could all weigh on future performance. (Cape Times 24 May 2022).

NHI Bill: Two thirds of submissions warn against unconstitutionality

Business Day reported (20 May 2022) that Members of Parliament’s Health Committee voted 7 – 4 in support of a motion of desirability of the NHI Bill, paving the way for them to begin clause-by-clause deliberations on its content. The motion was supported by the ANC and IFP, but not by the DA, EFF and FF+.

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