All data is delayed
See More

Health cost to be probed

Aug 26 2012 10:34
Johannesburg - South Africa's private health care costs will be analysed by a wide-ranging Competition Commission inquiry, City Press reported on Sunday.

The inquiry would be similar to that launched into the banking sector, which had resulted in a drastic reduction of fees, said commission spokesperson Trudi Makhaya.

However, the terms of reference have not yet been finalised.

Health Minister Aaron Motsoaledi welcomed the inquiry.

"The cost of private health care in this country is expensive, destructive and unsustainable," he told the paper.

*Follow Fin24 on Twitter, Facebook and Google+.



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote