Patients not getting value for money – inquiry
The Health Market Inquiry report has revealed that while South Africans are paying more for medical healthcare they are not receiving value for money.
The report, written by retired Chief Justice Sandile Ngcobo, was released in Sandton on Monday.
The inquiry was established by the Competition Commission five years ago.
ALSO READ: Taxman open for business on Saturdays
It shows that three hospital groups dominated the hospital market, namely Netcare, Mediclinic and Life.
The commission’s Tembinkosi Bonekele says in most cases customers of private healthcare facilities don't know they are overpaying.
Bonekele says one of the recommendations to have a single medical plan across all medical aids, which cost the same and covers the same.
Trade and Industry Minister Ebrahim Patel will present the report to Parliament.
Patel says the government will have to consider the findings carefully.
LISTEN HERE: