As the number of SA’s medical aid members remain stagnant amid growing demand for affordable private healthcare, Dis-Chem says it is well positioned to keep expanding its offering of basic medical care at pharmacies, a move made easier with its 25% stake in a health insurance provider.

Dis-Chem announced on Monday it will pay as much as R195m for a stake in Kaelo Holdings, which offers both gap cover to pay for hospital bill shortfalls not covered by medical aids and other basic health insurance products for people without medical aids. ..

BL Premium

This article is reserved for our subscribers.

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 helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now