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healthcare affordability

economic growth healthcare affordability
Business

South Africa’s Economic Growth and Healthcare Cost Dilemma

by Aiden Abrahams
October 7, 2024

In South Africa, healthcare costs are climbing rapidly, creating a tough situation for many, especially elderly citizens. Major medical aid providers, like Discovery and Bonitas, plan significant hikes in contributions for 2025, adding financial pressure to those already struggling. While the economy shows signs of growth, such as rising salaries, it’s not keeping up with the soaring medical expenses. This leaves many people facing hard choices about their healthcare options. As the nation moves forward, finding a way to make healthcare affordable for everyone is more important than ever.

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