In line with National Savings Month, Discovery Bank will postpone implementing the interest rate reduction announced yesterday and will keep the interest rates on all its savings accounts as is for the next 14 days. The interest that Discovery Bank charges its clients on their borrowings will, however, be reduced with effect from July 24 2020.
Discovery Invest launched a greatly-enhanced global investment solution that uses shared value to create the world’s first exchange rate enhancer, and offers investment choices advised by BlackRock and Goldman Sachs, world leaders in asset management.
Discovery recognised as the recipient of the Gold Global Innovator Award at the 2020 Efma-Accenture Innovation in Insurance Awards, a virtual ceremony showcasing the best examples of insurance innovations across the globe.
Discovery Insure CEO, Anton Ossip, announced enhancements to Discovery Business Insurance’s offering, including a partnership with MTN to give businesses up to 50% back on their monthly data costs, capital support for the retail sector in partnership with Merchant Capital, as well as the Dynamic Distance Cash Back to reward people for driving less during the COVID-19 pandemic.
Discovery Insure's warranty product covers a comprehensive list of critical components, with no limits. This product encourages good driving with premiums based on a driver’s specific driving profile, as well as the unique circumstances of the vehicle compared to a market where premiums tend to be undifferentiated irrespective of how good a driver you are.
Discovery has created an affordable way for employers to secure basic private healthcare services for their employees, including support for COVID-19. This is available through Primary Care for Household Employees, which gives household employees and their dependants access to primary private healthcare benefits from R249 per month.
Discovery presents insights on the financial impact of COVID-19 on medical schemes in South Africa, and a COVID-19 Resilience Index outlining the relative risk of being hospitalised due to COVID-19.
Online healthy cooking classes, digital meditation sessions and virtual runs in the Kruger. Why not? It could reduce Covid-19 severity.
Discovery and Vodacom have partnered to deliver a simple but powerful online healthcare platform for the benefit of all South Africans during the COVID-19 pandemic. This platform provides easy access for all South Africans to a COVID-19 risk tool, to help understand your personal risk for COVID-19 plus, where needed, to immediately schedule healthcare professional consultations and get advice.
In support of our President’s call for our nation to heighten collective efforts in curbing the spread of COVID-19 by staying at home, Discovery Vitality is adjusting its wellness offering to members to encourage healthier choices during this 21-day period.
The Vitality Running World Cup and UNICEF are partnering to ensure more children are vaccinated against deadly diseases. By getting more active and completing runs, runners can unlock one million vaccines, donated by Vitality.
Discovery Vitality today announced that registration is open for the Vitality Running World Cup, the annual, free-to-enter, knockout running competition gives both active and inactive people the opportunity to Move More. Taking place in 180 countries, from 5 March to 5 April 2020, the Vitality Running World Cup will allow countries to compete against each other for top spot.
From January 2020, Vitality members and Discovery Bank clients can earn Discovery Miles – the new rewards currency that will be widely accepted, easy to earn and spend for Vitality members, who have up to now earned Vitality Rewards Points.
Discovery today announced the establishment of a new business unit, Vitality Health International (VHI).
• Vitality Running World Cup starts in March 2020 • The global challenge will enable people to run for their country alongside national teams captained by Olympic Gold medallists Usain Bolt, Dame Jessica Ennis-Hill and Wayde van Niekerk • Forms part of Vitality’s commitment to get 100m people 20% more physically active by 2025 – and address the pressing global issue of inactivity
Depression will be the world’s leading contributor to the global burden of disease by 2030, based on mental health risk statistics. This is reflected in the latest Discovery Health Healthcare Claims Tracker, which reveals key trends in mental health related claims by members of the Discovery Health Medical Scheme (DHMS), and confirms that depression is the most prevalent mental health condition.
This jacaranda season, Vitality is turning Pretoria orange. The popular Discovery Vitality Run Series (VRS) – which has seen thousands of South Africans participate in Johannesburg and Cape Town – is partnering with four of Pretoria’s most iconic road races to get more citizens active on their streets.
Discovery Life’s 2018 claims data has revealed the major risks Discovery Life members across different age groups faced in 2018. Unnatural causes continue to be the predominant reason for death claims, among people under the age of 30. Last year, the leading causes of unnatural deaths were motor vehicle accidents (35%), suicide (32%), other accidents (17%) and crime (16%).
Discovery Health Medical Scheme today announced the 2020 annual contribution increase and benefit changes. DHMS will be implementing a weighted average contribution increase of 9.5%. Based on a market survey of financial advisers representing over 250,000 lives, market expectations are for increases between 10% and 12% across the industry.
The South African Medical Association (SAMA) has partnered with Discovery Health to offer Discovery’s globally recognised wellness incentive programme, Vitality Active Rewards, to health practitioners in the public sector.
