South Africa: Demand-side analysis of market for medical schemes
South Africa: Demand-side analysis of market for medical schemes
4 December, 2010 •During the last ten years, South Africa has achieved remarkable progress in the area of financial inclusion for lower-income households in specifically the banking and, to a lesser degree, insurance markets. Limited progress has been made in expanding medical schemes (government’s chosen vehicle for private health financing) to more South Africans. While it may be fair to say that the higher income market for medical schemes is saturated, middle to lower income groups remain excluded.
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