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23 March 2010

NHI won't replace private sector

Pravin Gordhan, Finance Minister, recently spoke about the introduction of the NHI system, but stressed the need for the private sector to be retained alongside the public system.

Private medical schemes can play a positive role in South Africa in the short to medium term, Old Mutual Actuaries said on Wednesday.

"The virtues of the Risk Equalisation Fund (REF) for private schemes were extolled in the Budget Review.

 
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