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Hospital plans are designed to provide cover for private healthcare funding for the unknown or perhaps unexpected and expensive mishaps in life, such as a big accident, illness or disease. In order to keep contributions affordable, day-to-day or out of hospital expenses are mostly funded by members, as and when needed. This also enables members to exercise direct control over such expenditure.
In South Africa, private and public health systems exist side by side. The public system serves the vast majority of the population, but is underfunded and understaffed. The wealthiest of the population use the private system and are better served than the poor.
Dr Bobby Ramasia, executive principal officer of Bonitas Medical Fund says that although recent efforts to measure hospitals’ performance are one dimensional, they are a step in the right direction.
The latest statistics published in the Lancet medical journal indicate that South Africa has the highest obesity rate in Sub-Saharan Africa, with 61% of the South African population being overweight or obese. These shocking statistics indicate that more South Africans need to consider making effective lifestyle changes in order to maintain a healthier life.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?