UK inflation data and New Zealand rate hike remind investors that global economy still faces many challenges
The state is unable to meet its own responsibilities and those it has consciously reserved for itself
President-elect wastes no time assuming power despite looming challenge
The governing party is discussing whether those criminally convicted of a serious crime should still have a home in the ANC
Tech company wants to make more products outside China
This is the steepest fall in retail activity since January 2021, showing the effects of higher inflation and interest rates
A reader asks which is better: the government’s low-cost retail bonds, or a listed bond ETF?
World cricket is on a precipice and Test cricket must be allowed to survive in order to embed the basic principles of the game
German traffic police are investigating the cause of the incident, which police say involved an autonomous vehicle
Cheap, pared-down basket of benefits to low earners will ensure greater access to private healthcare, says top actuary UP TO 4-million more South Africans could have access to private healthcare if medical schemes were allowed to provide a cheap, pared-down basket of benefits to low earners, delegates to the annual Board of Healthcare Funders (BHF) conference heard on Monday.Such a move would require reforms to the Medical Schemes Act, which says all schemes must provide cover for prescribed minimum benefits (PMBs), a set of largely hospital-based conditions that critics say make medical schemes unaffordable for many people."We think at R299 (a month), another 2-million people could afford to join the system if we could come up with a package they would want to buy," said the joint-CEO of Insight Actuaries and Consultants, Christoff Raath."With a Treasury (tax break) and employer subsidies there could be as many as 4-million lives covered," Mr Raath said."The PMBs are not affordable...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email email@example.com or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.