MediCheck intervention leads to estimated R130-170 million in disputed recoveries being written off.

Loading player...
GUEST – Mark Hyman, CEO of MediCheck

MediCheck, representing over 1,500 affected members, has welcomed Discovery Health's announcement that it will absorb the full cost of a claims processing error rather than pursue recoveries from 16,500 Discovery Health Medical Scheme members.

The decision, announced by Discovery Sunday night, follows a week of intensive engagement by MediCheck on behalf of affected members who faced recovery demands – in some cases exceeding R80,000 – for an administration error they did not cause.

MediCheck is an independent medical scheme advocacy firm that assists members in disputes with medical schemes and holds schemes accountable to regulatory standards.
12 Jan 2PM English South Africa Business News · Investing

Other recent episodes

SA Homeowner growth steady, report finds

Hayley Ivins-Downes from Lightstone Property shares data about home-buying activity in South Africa, which paints an interesting picture about affordability and which specific parts of the country are seeing the most development.
27 Mar 5AM 11 min

INSIDE YOUR POCKET – South Africa’s consumer credit market steady

Data from TransUnion shows that South African credit usage has shown tentative recovery to a more broad-based recovery, with first-time buyers now accounting for just over half of financed purchases. Ayeshaa Hatea, from TransUnion South Africa, explains these findings and more.
27 Mar 5AM 11 min

Pivot Point - Building Africa’s Vaccine Sovereignty

Today on Pivot Point, we spotlight a leader whose work sits at the intersection of science, industrialization, and national security. Dr. Morena Makhoana, the CEO of Biovac, has spent two decades shaping South Africa’s vaccine manufacturing landscape and unpacks that journey.
27 Mar 5AM 25 min

Africa’s Trade Links Strengthen; Future Geopolitical Risks Loom

Data from Standard Bank signalled significant growth in intra-African trade in the past year, showing positive moment towards the continent achieving a successful AfCFTA. However, that picture could be complicated by recent tensions in the Middle East. For more on this let’s listen in to, Philip Myburgh, Head: Trade for…
25 Mar 4PM 12 min