Budget Speech 2022 Insights and Commentary from Discovery
Executives provide comments and snippets following Minister Enoch Godongwana’s National Budget Speech on Wednesday 23 February 2022
Topics: Health, Health Care, Pharmaceuticals
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Behind the scenes in the drive to vaccinate the nation: collaboratively working to stay ahead of the COVID-19 pandemic and save lives
“The COVID-19 vaccination programme has truly been a matter of life and death.”
“We needed to have a single, integrated, co-ordinated approach if South Africa was going to be effective and impactful in our efforts to tackle this pandemic.”
In January 2022, Discovery celebrated a significant milestone - one million COVID-19 vaccine doses administered through its nine vaccination sites. Set up -
Discovery and AIA to establish a pan-Asian health InsurTech business
Discovery and AIA announce the formation of a pan-Asian health InsurTech business. Amplify Health is a new digital health technology and integrated solutions business that will deploy a range of health technology assets, proprietary data analytics and extensive health expertise to AIA’s insurance businesses and other third-party clients across Asia.
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Study: Regular exercise can prevent death from COVID-19 by up to 42%
The British Journal of Sports Medicine has published a first-of-its-kind study on the impact of objectively-measured exercise on severe COVID-19 outcomes, produced by Discovery Vitality in collaboration with the University of the Witwatersrand Sport and Health Research Group (WiSH) and researchers from the University of Western Ontario in Canada.
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Vitality Health International introduces Vitality rewards across Africa
On 1 January 2022, Vitality Health International (VHI), a division of Discovery Group that is responsible for its international health insurance initiatives, launched its Shared-value health insurance product offering in several African countries – Nigeria, Ghana, Kenya, the Democratic Republic of Congo (DRC), and Zambia. Employers who operate in these countries can now offer their employees acces
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Discovery Health presents to Parliament: Support for NHI structural reform through a blended funding model and public-private partnership
On 25 January, Discovery Health presented inputs on the National Health Insurance (NHI) Bill to the Parliamentary Portfolio Committee on Health. These included a workable, blended-funding model aimed at sustainably achieving Universal Health Coverage (UHC).
The presentations were made by:
Dr Ayanda Ntsaluba – Chairman of Discovery Health and Group Executive Director Dr Ryan Noach – Discov -
Discovery Health, South Africa’s largest private health insurance administrator, releases at-scale, real-world analysis of Omicron outbreak based on 211 000 COVID-19 test results in South Africa, including collaboration with the South Africa
Johannesburg, 14 December 2021
Summary:
Vaccine effectiveness: o The two-dose Pfizer-BioNTech vaccination provides 70% protection against severe complications of COVID-19 requiring hospitalisation, and 33% protection against COVID-19 infection, during the current Omicron wave. Reinfection risk: For individuals who have had COVID-19 previously, the risk of reinfection with Omicron is -
Discovery highlights significant progress in implementation of mandatory vaccination policy
On 3 September 2021, Discovery announced its mandatory vaccination policy for South Africa-based employees Staff vaccination rates have climbed from 22% at start of September to 94% by 30 November Across all main categories, including sex, age and seniority, more than 90% of staff are vaccinated Vaccination rates projected to reach levels greater than 97% before the peak of fourth wave, in ear
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Discovery Health simplifies access to screening for diabetic retinopathy and introduces cutting-edge Artificial Intelligence-driven technology to the process
Discovery Health launches new Diabetic Retinopathy Screening Benefit, enhanced by a cutting-edge Artificial Intelligence system and designed to detect the onset of diabetic retinopathy as early as possible.
AI technology heralds a new era for eye screening, which is fundamental to nipping diabetic retinopathy in the bud
People who live with diabetes (whether type 1 or 2) are at heightened -
Tribute to South Africa’s healthcare professionals: Discovery Health releases moving nine-episode video docu-series
Discovery Health launches nine-episode video Doctor Appreciation docu-series Each episode of this nine-part, documentary-style series tells a South African healthcare professional’s story and shares behind-the-scenes, real-life accounts from the COVID-19 frontline.
Johannesburg, 12 November 2021: South Africa’s healthcare professionals have worked at the COVID-19 coalface for the past 18 mont -
Fitness devices helped people stay fit during the COVID-19 pandemic – and will change the way we work out in future
Access the full paper on https://journals.co.za/doi/10.18772/26180197.2021.v3n3a8
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Discovery Health shares unequivocal data on protective effects of COVID 19 vaccination and low risk of vaccine-related adverse events
You can view the briefing in the below on this link: Meeting Recording: https://dsycloud.zoom.us/rec/share/73lx5mMbd4lt-Dka5GsMpuEYTwiJbasOTKwmU1W1SE39oywS5niCYJ820larZlIg.TF771j0Xm9i1Z_G3 Access Passcode: 3azevr.9
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Over R2bn in Group Risk claims paid out by Discovery
Johannesburg, 29 October 2021 – In a claims experience analysis, Discovery Group Risk today reported claim payouts to the value of R2.10 billion in the year to June 2021, which reflects a 42% increase compared to the previous year. The company offers group risk benefits that include life cover, global cover for the education of employees' children, severe illness cover, lump-sum and monthly disabi
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Discovery Life claims data demonstrates the significant value of comprehensive life insurance during the COVID-19 pandemic
Discovery Life released its annual claims data insights today, illustrating the impact of the COVID-19 pandemic on life insurers Total claims paid out to clients in 2020 amounted to R4.7 billion, COVID-19 related pay-outs are expected to reach R6.2 billion across Individual Life and Group Risk claims by the end of the 2022 financial year COVID-19 has overtaken heart disease and cancer as the le
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Discovery Business Insurance innovates to address the growing threat posed by Cyber Crime
Johannesburg, 26 October 2021 – As the world recognises October as Cyber Security Awareness month Discovery Business Insurance is highlighting the critical need for businesses to ensure that they are appropriately covered to mitigate against the risk of cyber crime, which has become one of the biggest risks facing businesses today.
Now in its 18th year, Cyber Security Awareness Month, which -
Will COVID-19’s impact on cancer screening mean people are diagnosed with more advanced cancers?
Will COVID-19’s impact on cancer screening mean people are diagnosed with more advanced cancers?
1 in 28 South African women at risk of breast cancer
Over the course of the COVID-19 pandemic, there’s been a decline in people sticking to routine and scheduled cancer screening checks - like mammograms for breast cancer, pap smears for cervical cancer, PSA blood tests and examinations for pro -
Pioneering Algorithm Calculates The Number Of Years Individuals Can Expect To Live In Good Health
Research shows that the number of years people are spending in ill health is increasing, primarily due to the rising prevalence of chronic diseases, driven by unhealthy lifestyles Experts call for focus on healthspan, the quality of life, alongside lifespan, the quantity of life, citing significant economic and social benefits Pioneering algorithm by Vitality, in collaboration with RAND Europe,
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Discovery announces the latest business innovations within the Discovery Health portfolio
Johannesburg, 1 October 2021: Discovery announced the latest business innovations within the Discovery Health portfolio, at its its annual product-update event with financial advisers on 30 September 2021.
“The golden thread running through the various elements we shared with the financial adviser community and media today, was our focus on personalisation of healthcare through digitally-powere -
Discovery Health Medical Scheme announces a second year of deferred contribution increases
30 September 2021 - Today Discovery Health Medical Scheme (DHMS) announced that it would again the delay the implementation of its annual contribution increases. After delaying the annual contribution increases for 2021 by 6 months to 1 July 2021, the Scheme announced that the annual contribution increases of 7.9% for 2022 would only be implemented from 1 May 2022. This makes Discovery Health Me
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Discovery Business Insurance marks Heritage Month with the shortlisting of 7 finalists in Restaurant ReDiscovery competition
23 September 2021 - Discovery Business Insurance together with restaurateur and musician J’Something of Mi Casa, has announced the seven South African restaurants that are all in line win a R25,000 cash injection into their restaurant. On 6 September Discovery Business Insurance launched #RestaurantReDiscovery, inviting restaurant goers to tag their favourite eat out spots on Discovery’s social me
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