A PYMNTS Company

South Africa: Competition Commission aids in national healthcare restructuring

 |  November 29, 2012

The Health Minister has announced an investigation into the nation’s private healthcare sector that will look into how the industry sets its prices. The investigation, says Minister Aaron Motsoaledi, will be launched through the Competition Commission with a goal to propose new legislation that regulates pricing framework of the industry. In response, the Board of Healthcare Funders says the move is a positive direction towards making healthcare more affordable and has announced a cooperation with the South African government in its efforts to restructure the prescribed minimum benefits package, the nearly 300 healthcare provisions that medical schemes must provide, to refocus on primary and preventative care.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: BDLive

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.