SA medical costs up to 5 times higher

2012-08-02 09:24

Medical costs in South Africa are reportedly up to five times higher than other nations.

Department of Health head of pricing Anban Pillay said the cost of hospitalisation for maternity was $3 000 (R24 605) while the average cost in Organisation for Economic Cooperation and Development (OECD) countries, comprising mostly developed nations, was
$2 750, financial daily Business Day reported.

However, when the cost was adjusted for purchasing power, other countries only paid about $500.

Pillay said the purchasing power estimate was based on the entire South African population’s affordability levels.

However, even if it was adjusted to include only those with medical schemes, it would still not come close to the average of OECD countries.

“Clearly, the prices in South Africa are much higher that the affordability level,” Pillay said. “Even if you adjust it to the wealthiest person in the country, it will still be higher.”

He said private sector pricing could be reformed based on costing information in the public sector.


Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.