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Universal Health Coverage (UHC) is not just the responsibility of the Department of Health or the Minister, it’s for everybody, including the private sector, said Dr Ali Hamdulay, Chairperson of the Board of Healthcare Funders (BHF), speaking at a joint press briefing by the BHF, Council for Medical Schemes (CMS), and the Special Investigating Unit (SIU).
One of one of the major drivers of healthcare inflation and increased costs is fraud, waste and abuse (FWA) and, although not unique to the healthcare industry, it adds an estimated R22 billion to the annual cost of private healthcare.
100 million prescriptions are filled for generic medicines in South Africa per annum. This equates to 78% of the generics market opting for a far more cost-effective drug where the pharmacological effects are exactly the same as those of their brand-name counterparts.
With the introduction of new regulations in April 2017, the health insurance landscape significantly broadened South Africans’ access to medical cover.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?