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Counting the cost of COVID-19: Initial projections of the potential financial impact of the virus across the medical scheme industry

Document   •   May 20, 2020 15:31 CAT

20 May 2020 - Discovery’s research on the anticipated cost of COVID-19 projects medical schemes to incur additional claims of between R7.3 billion and R31 billion. The detailed analysis of the long-term impact of COVID-19 on the financial position of medical schemes in South Africa, was presented by Dr Ryan Noach, CEO of Discovery Health.
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