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While the financial services industry is an important component in any economy, it is uncommon to find an industry which is free of challenges but do we face the same challenges as the international markets?
While the stigma and discrimination related to HIV and AIDS continue in many settings, steps by the insurance industry to address and eliminate the differentiated treatment of people living with HIV are proving an encouraging development.
Advancements in the treatment of HIV/AIDS has led to a sharp decrease in the number of disability claims being submitted by South Africans living with the disease. As a result, employer groups should recognise that staff members who have contracted the disease can manage it much like chronic diseases such as diabetes or cancer.
As we highlight World Aids Day on 1 December it is encouraging to see there have been major advances in the understanding of the disease as well as developments in its management over the last decade. Gone are the days when it would be taken as a death sentence. Today HIV is a manageable chronic disease like any other chronic condition.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?