A new South Africa health law aims at deep inequality, but critics say they'll challenge it
The law introduces what is known as
The country's unemployment rate is 32.9%, with most of the Black majority population unable to afford private healthcare. Public health facilities often have long lines and medicine shortages.
According to Ramaphosa, the aim of the
“In its essence, the
Opposition parties accuse Ramaphosa of using the law as a campaign strategy by announcing it nearly two weeks before much anticipated elections.
The
Concerns have also been raised about the affordability of the law and possible tax increases to fund it.
The official opposition
Civil society group AfriForum has also announced plans to challenge the constitutionality of the law, while some business forums have described it as unworkable and unaffordable.
“There will be no immediate impact on medical scheme benefits and contributions, nor any tax changes. The HFA is well prepared to defend the rights of medical scheme members and all South Africans to choose privately funded healthcare, where necessary," spokesman
Others have welcomed the law.
Dr. Cedric Sihlangu, general secretary of the
___
AP Africa news: https://apnews.com/hub/africa


2023 Kvantitative rapporteringsskemaer for Topdanmark Forsikring (offentliggjort den 15. maj 2024) (Excel) (1 MB)
AM Best Revises Outlooks to Negative for Arrow Mutual Liability Insurance Company
Advisor News
- Your client wants to cash out an annuity. Here’s what to consider
- How student loan debt impacts 401(k) balances
- The ‘sandwich generation’ faces compounded barriers to retirement savings
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
More Advisor NewsAnnuity News
- AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
- OID recovers $260M in life insurance benefits
- NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
- SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
- Regulators urged to sharply limit hypothetical data in annuity illustrations
More Annuity NewsHealth/Employee Benefits News
Life Insurance News