NHI rattles medical schemes - and stocks

18 August 2019 - 00:14 By PENELOPE MASHEGO

After a week of its share price taking a beating, Discovery said on Friday that the National Health Insurance Bill's plan to curtail the role of medical aid schemes would undermine the NHI's objectives.

In an announcement on the JSE's news service, Discovery, which owns SA's largest medical scheme, said: "Our view is that substantially limiting the role of medical schemes would be counterproductive to the NHI because there are simply insufficient resources to meet the needs of all South Africans."..

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.