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Mediclinic News : DISCOVERY'S MARKET DOMINANCE MEANS LITTLE INCENTIVE TO DROP PRICES, HEALTH MARKET INQUIRY FINDS

Title

DISCOVERY'S MARKET DOMINANCE MEANS LITTLE INCENTIVE TO DROP PRICES, HEALTH MARKET INQUIRY FINDS

Date

2019-09-30

Link

https://www.timeslive.co.za/news/south-africa/2019-09-30-discoverys-market-dominance-means-little-incentive-to-drop-prices-health-market-inquiry-finds/

News Description

TIMESLIVE HERALD LIVE Discovery Health, which administers 18 medical aid schemes, makes profit that is "multiples" of its competitors, according to the health market inquiry. The 69-month inquiry into what drove up private health prices found that Discovery, Medscheme and Metropolitan dominated the administrator market. Administrators charge for services rendered to not-for-profit medical aids.
Created at 2019/10/07 10:09 AM by Mediclinic
Last modified at 2019/10/07 10:09 AM by Mediclinic