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How Discovery will roll out Covid-19 vaccines for its members in South Africa

How Discovery will roll out Covid-19 vaccines for its members in South Africa Subscribe The Discovery Health Medical Scheme has outlined Covid-19 vaccination plans, as it begins preparations for phase 2 of South Africa’s Covid-19 rollout. In a note sent to clients this week, Discovery said that vaccines will be administered in accredited vaccination sites across the country, including pharmacies, GP practices, hospitals, and dedicated vaccination sites. Discovery said it is setting up several dedicated vaccination sites for convenience, and that it plans to share the location details early in May. “The cost of your vaccination at an accredited vaccination site will be covered in full if you are a member of a medical scheme. If you are not a member of a medical scheme, the cost of your vaccination will be covered by the government,” it said.

Why join a medical aid in SA, and tips for switching medical aids

Why join a medical aid in SA, and tips for switching medical aids
timeslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timeslive.co.za Daily Mail and Mail on Sunday newspapers.

South Africa Medical Aid Funding Report 2020 with Profiles of Discovery Health, Medscheme, Momentum Health, South African Police Service Medical Aid, Sasolmed, Bestmed and Medshield - ResearchAndMarkets com

ResearchAndMarkets.com’s offering. This report focuses on Medical Aid Funding, and includes information on the state and size of the sector, developments and corporate actions of its major players, and influencing factors including regulation and the effect of the coronavirus pandemic. There are profiles of 31 companies including major administrators such as Discovery Health, Medscheme and Momentum Health, restricted schemes such as the Government Employees Medical Scheme, South African Police Service Medical Aid and Sasolmed, and open schemes such as Bestmed and Medshield. Medical Aid Funding: South Africa spends more on private health insurance as a percentage of total health expenditure than almost any other country. Although the sector performs a critical role in the health system, medical scheme membership remains out of the reach of over 85% of the population. Although the details remain unclear, the implementation of the National Health Insurance Fund will invariably aff

Discovery shares stumble as Covid hits bottom line

Discovery shares stumble as Covid hits bottom line Discovery achieved the following results for the six months ended 31 December 2020: Net asset value increased by R582m Total new business API increased 8% to R10 920m Normalised profit from operations increased 19% to R4 507m Profit for the period decreased 10% to R1 875m Gross income of the Group increased 9% to R34 936m Headline earnings per share decreased 10% to 280.3 cents per share Earnings per share decreased 10% to 280.2 cents per share Diluted Embedded value per share decreased 2% to R108.96 per share Due to the uncertain and potentially volatile economic environment caused by the Covid-19 pandemic, Discovery has not declared an interim ordinary share dividend (2019: interim ordinary dividend of 101 cents per share). The reintroduction of dividends will be considered when appropriate.

Coronavirus has made the health sector sick, but the in

Daily Maverick 168 weekly newspaper. Across the board, private healthcare providers felt the brunt of the pandemic in the first half of 2020, with operating profits falling by 35% to 86%. Yet this started to change in the second half as hospitals learnt to operate within the parameters of Covid-19, the middle class began to prioritise both healthy living and health insurance, and the promise of vaccines became a reality. The first companies to feel the impact of the pandemic were the hospital groups, not just the big three of Mediclinic, Netcare and Life Healthcare but also smaller ones like RH Bophelo and Advanced Health. The latter was facing difficulties before the pandemic began.

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