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Discovery Life – Sandton, South Africa – 100% Shareholding – Offering life and long term insurance products in South Africa. Discovery Health – Sandton, South Africa – 100% Shareholding – Offering administration services to medical schemes and specialised medical insurance products in South Africa. [14] Discovery Vitality ...
Gore launched Discovery Limited, a medical insurer, in South Africa in 1992. [4] In 1992, Gore raised seed money for Discovery from Laurie Dippenaar, and other funders who founded Rand Merchant Bank. [5] Discovery has since evolved into a diversified and multinational financial services group.
Discovery Health (South Africa), administrator of the Discovery Health Medical Scheme, the largest open medical scheme in South Africa. It is a subsidiary of Discovery Limited . Topics referred to by the same term
The company was created in 2004 when Discovery and Prudential launched the PruHealth brand in the UK, combining Prudential's UK distribution capability with Discovery's Vitality product that had already been launched to the market in South Africa. [9] In April 2010, Discovery acquired Standard Life Healthcare, formed in 1994 following the ...
When South Africa freed itself of apartheid, the new health care policy has emphasised public health care, which is founded with primary health care. The National Strategic Plan therefore promotes distribution of anti-retroviral therapy through the public sector, and more specifically, primary health care. [10]
Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals.