AfroCentric not losing sleep over NHI
In its financial year to end-June, the investment holding company concluded four acquisitions
At a time when the National Health Insurance Bill has had a negative affect on SA health companies, AfroCentric group CEO Ahmed Banderker says “it’s not something we’re losing sleep about”.
The bill, tabled in parliament in August, paves the way for the establishment of a central National Health Insurance (NHI) fund that will purchase services on behalf of the entire population. Medical schemes will ultimately be limited to offering cover for benefits not provided by the fund. The bill makes no provision for scheme administrators...