Government just shot itself in the foot: Netcare

Netcare supports the implementation of universal healthcare in South Africa but says that the signing of the National Health Insurance Act, in its current form, will only result in delays.

That said, the Act in its current form faced opposition from Netcare, medical aid schemes, businesses, members of the public and parliament’s own legal team.“Furthermore, significant flaws in the Bill and the legislative processes followed in promulgating the Bill will likely result in the Bill being challenged on numerous fronts, unfortunately leading to further delays in implementation.

Group revenue jumped by 4.3% to R12,034 million, while normalised Group EBITDA for H1 2024 improved by 7.5% to R2 167 million.

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