Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Motsoaledi: NHI to be phased in

Jun 29 2011 17:04 I-Net Bridge

Related Articles

Infrastructure must be in place for NHI

Motsoaledi: Be patient on NHI

VAT hike may fund NHI

NHI proposals to be unveiled soon

Pricey hospital for Zuma slated

Experts warn against tax for NHI

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print

Johannesburg - Health Minister Aaron Motsoaledi said on Wednesday the National Health Insurance system will be phased in over 14 years.

Speaking at the fifth Cosatu central committee meeting, Motsoaledi said such systems had to be phased in over time.

Cosatu and its allies the ANC and the SA Communist Party have been pushing for a universal health care system for South Africa.

Motsoaledi said the current health system was unsustainable as most of the money was spent at specialists and mainly private hospitals, while the majority of the health issues could be handled by community clinics and education on health issues.

The major problem was that private medical aids did not pay their members for staying healthy or taking medication that would keep them healthy, he said.

"They want you to be very sick first before they pay," Motsoaledi said.

He also called for the prices in health care, particularly the private sector, to be regulated.

"Why should a circumcision cost R15 000 in a private hospital, while in a public hospital it costs just R400. It is the simplest of procedures," he said.

 

 
 
Comment on this story
17 comments
Add your comment
Comment 0 characters remaining
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

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

Loading...