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Topics: Mental Health

Mental health matters: Prioritising wellbeing in university students

Mental health matters: Prioritising wellbeing in university students

University students are likely to experience mental health issues. What are the warning signs? And how can healthy eating, exercise and financial savvy play a role in protecting mental health?
28 June 2024, Johannesburg: Discovery Health Medical Scheme claims data show a 120% increase in the prevalence of mental health conditions among young people (ages 18-24) from 2012 to 2022, compared to an

Tackling the rising tide of depression through screening, prevention and digital therapeutics for mental health

Tackling the rising tide of depression through screening, prevention and digital therapeutics for mental health

Across the world and in South Africa, depression is the most common form of mental illness. 1 in 3 people in South Africa experience a mental health issue. Only 1 in 10 people with a mental health issue have access to treatment. What role do healthy eating, exercise, holistic healthcare, and digital therapeutics for mental health play in tackling the unprecedented rise in mental illness – par

As part of this mental wellbeing drive, Vitality is also delighted to announce a new campaign, with Miss South Africa, to raise awareness of the importance of mental wellbeing.

Discovery Vitality launches Vitality mental wellbeing module and rewards; partners with Miss South Africa on awareness campaign

Discovery Vitality is excited to announce the introduction of the mental wellbeing module to Vitality. Members can now track their mindful minutes and sleep goals on partner apps, including Headspace, Calm, The Mindfulness App and buddhify, in the Vitality Active Rewards platform. Members will be rewarded with Discovery Miles for taking proactive steps towards their mental health and wellbeing.

Today, Discovery Health announced the latest in business innovations and product enhancements designed around quality care for Discovery Health Medical Scheme (DHMS) members.

Discovery Health boosts access to cutting-edge digital healthcare innovation in 2021

Discovery Health has invested extensively in a digital healthcare ecosystem to enhance the quality and experience of healthcare for members of DHMS. This investment includes the adoption and funding of digital healthcare technology, digital tools for members and doctors, integration with health monitoring devices and sophisticated data analytics.

Discovery Health Medical Scheme (DHMS) annual contribution increases are calculated based on medical inflation (the year-on-year increase in healthcare costs).

Contribution freeze for Discovery Health Medical Scheme members until July 2021

“Each year we strive for the lowest possible contribution increase. For the first six months of 2021, DHMS will deliver a contribution freeze for all scheme members across all plans, mindful of and sensitive to the financial pressures facing individuals at this time within the country’s stressed economic climate.

Vitality’s 65+, bespoke programme for older adults enables members to live longer and better

Vitality’s 65+, bespoke programme for older adults enables members to live longer and better

Discovery is pleased to announce the successful launch of its Vitality 65+ offering. Vitality members, 65 years or older, can now achieve better health with age-appropriate goals, interventions and activities, with exclusive enhancements to the Vitality programme, across Health, Insure, Life and Invest - that help them achieve better health with age-appropriate goals, interventions and activities.

A snapshot of Discovery's Life 2019 claims experience

2019 Discovery Life claims insights and COVID-19 trends

During 2019, Discovery Life paid out R4.8 billion to policyholders, including a total of R1.2 billion through the PayBack benefit. In addition, Cash Conversions to the value of R2.8 billion are expected to mature over the course of the next 5 years. Breakdown per benefit: • R2.28bn in life cover • R1.1bn Severe Illness Benefit • R816m Disability benefit • R375m income Continuation Benefit

By not reducing the interest rate on its savings accounts now, Discovery Bank creates opportunity to lock in a higher interest on money in savings accounts for the duration of the investment; unaffected by the 0.25% interest rate reduction.

Discovery Bank offers locked-in interest rate on savings

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 Business Insurance updates address the changing needs of SMEs

Discovery Business Insurance updates address the changing needs of SMEs

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.

The new product, available exclusively to Discovery Insure clients, comprises comprehensive and market-leading mechanical breakdown and electrical failure cover for 36 critical vehicle components, with no cover limits.

Discovery Insure and Motus Financial Services partner on new warranty product

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.

 In 2018, the Scheme paid a total of R2.6 billion for the treatment of mental health conditions, an amount that has increased by 224% since 2009.

Breaking the Stigma: Why Discovery is introducing a New Mental Wellbeing Programme

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.