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Mediclinic News : WHAT’S THE PROGNOSIS FOR SA’S PRIVATE HEALTHCARE?

Title

WHAT’S THE PROGNOSIS FOR SA’S PRIVATE HEALTHCARE?

Date

2019-11-01

Link

News Description

FINWEEK The State’s onslaught on private healthcare in South Africa – A double taxation of sorts paid voluntarily by those who can afford it – has left market participations in jitters. An inquiry by the country’s competition authority and a quixotic universal healthcare proposal leave many buyers of medical aid in fear of what will happen to their medical needs if these lofty dreams come true. The core of capitalism is that innovative individuals will identify a need in the market and fil it. Such innovation and risk-taking often comes at a premium. One such gaping need in the South African Market has been the private healthcare sector, as state health services struggled to keep up with demand.
Created at 2019/11/04 09:17 AM by Mediclinic
Last modified at 2019/11/04 09:17 AM by Mediclinic