Discovery reports full-year results: emphasises strategy for continued investment
Group Chief Executive, Adrian Gore, announces the performance of the Discovery Group for the year ended 30 June 2019.
Topics: Economy, Finance
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Discovery Health releases key trends in birth rates as well as the costs associated with pregnancy, birth and new babies
The latest Discovery Health Healthcare Claims Tracker focuses on maternity claims, quantifying the spend by Discovery Health Medical Scheme (DHMS, or the Scheme) on maternity related claims and highlighting key trends amongst members. The report includes data based on all claims within South Africa’s largest, open medical scheme, DHMS, with a membership of 2.8 million lives as of end 2018.
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Discovery Bank expands its leadership team with the appointment of Francois Groepe
Discovery Limited today announced the appointment of Francois Groepe as deputy CEO of Discovery Bank, with effect from 1 August 2019.
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Discovery Vitality introduces HealthyDining for sit-down meals in countrywide restaurants
Announcing the expansion of Vitality HealthyDining in partnership with Col’Cacchio, Doppio Zero, Ocean Basket, and Nando’s to reward Vitality members for eating healthily while dining out.
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Patients rate South Africa’s Top 20 hospitals for 2018
Now in its fifth year of reporting, Discovery Health is pleased to release its annual list of 20 leading South African hospitals as rated by patients through the Patient Survey Score (PaSS). The Top 20 list is based on aggregated surveys completed by members of medical schemes administered by Discovery Health rating their in-hospital experience across various aspects of care.
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Get ready Gauteng: the Discovery Vitality Run Series is back!
The highly anticipated Vitality Run Series (VRS) is back in Johannesburg and now, for the first time ever, Pretoria too. Entries to the Johannesburg Vitality Run Series have opened – with the most iconic races awaiting first-time and expert runners in Gauteng.
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Discovery ready to scale up its behavioural retail Bank
Financial services group Discovery Limited today announced that Discovery Bank had successfully completed its early onboarding period and is now ready to scale up in a phased way.
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Discovery Health Medical Scheme paid R56.4bn in healthcare claims in 2018
Discovery Health Medical Scheme (DHMS/the Scheme), South Africa’s leading open medical scheme, today presented its results for the 2018 calendar year. Chief Medical Officer of the Scheme, Dr Unati Mahlati, said; “In tough economic times and with an increasing concern for our members’ ability to afford contributions, we have nevertheless continued to grow and attract new members.
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Discovery’s new Retirement Fund targets the root causes of SA’s retirement savings gap
Discovery launches new fund to help South African employees close the retirement gap.
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Powerful performance for Discovery in Global Insurance rankings
2019 Brand Finance Insurance 100 report ranks Discovery as the second-strongest insurance brand in the world.
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Stay healthy this winter with Uber and Discovery Health
The flu season is almost here and Discovery Health has once again partnered with Uber, Clicks and Dis-Chem to make it more convenient for South Africans to get vaccinated. On 2 May 2019, from 10:00 to 15:00, Uber will not only be taking people across cities but nurses with flu vaccinations will be available to administer flu shots.
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Dodge distractions and stay safe on the road this Easter
Parents with three or more children at greatest risk for distracted driving
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Vitality offers up to 100% cash back on a Huawei Band 2 Pro
Discovery Vitality has launched a new partnership with Huawei in which Vitality members can get up to 100% cash back on a Huawei Band 2 Pro fitness device from Sportsmans Warehouse.
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Vitality members to enjoy a weekend of double HealthyFood cash back at Woolworths, for making healthier choices
For one weekend only – 30 to 31 March 2019 – all Vitality members (with the HealthyFood benefit) will get up to 50% cash back on HealthyFood items at Woolworths stores nationwide.
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Discovery Bank charts a new path for consumer value in banking
Discovery Bank enters a new phase of a carefully managed and gradual process of on-boarding existing Discovery Card clients to the full-service banking platform, marking the start of Discovery Bank operations to the public. A comprehensive study on retail bank fees conducted by the behavioural bank presents the real cost of banking to the consumer, taking into account their banking behaviour.
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Discovery Health recovers R555m in fraud, waste and abuse savings for 2018
In 2018, Discovery Health’s efforts to curb fraud, waste and abuse in the healthcare system resulted in a substantial R555m recovered on behalf of client schemes. “We also estimate that the ‘halo’ effect of our extensive fraud, waste and abuse-control activities has prevented additional fraud, waste and abuse to the value of approximately R5.1 billion in the past couple of years,”
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Period of exceptional growth for Discovery and considerable investment in new initiatives
21 February 2019 – Discovery today presented its half-year results for the period ended 31 December 2018; representing a period of exceptional growth, with a temporary decline in profits due to considerable investment in new initiatives, and volatility in large claims in Discovery Life, unique to this reporting period.
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Discovery’s Vitality Open gets more South Africans active and driving better
Discovery Vitality today released the results of its 10-week public campaign, the Vitality Open, which was aimed at getting South Africans to exercise more and improve their driving behaviour.
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Mr. Mark Tucker to succeed Mr. Monty Hilkowitz as Chairperson of the Board of Discovery
Chairperson and independent non-executive Director, Mr. Hilkowitz, has informed the Board that he has decided to retire, effective 28 February 2019. Discovery is very grateful to Mr Hilkowitz for his invaluable contribution to the Group throughout the last 16 years of exceptional growth.
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Vitality-linked insurers to get 100 million people 20% more active by 2025
Building on the results of the largest behaviour change study on physical activity, Vitality and its global network of insurers have committed to making 100 million people more active over the next seven years, aligned to the World Health Organizations’ Global Action Plan on Physical Activity.
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