Friday, July 23, 2010

Private Healthcare needs to be revamped

The private healthcare model in South Africa consist of not for profit medical schemes with Doctors, hospitals, pharmacists, administrators and managed care organisations all profiting from the medical scheme without taking any risk. Is this sustainable? I think not. An advanced HMO or Health Services Organisation that take risk and operate on a profit share basis may add the right mix to a possible debate around the private market.

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