South Africa Medical Aid Funding Market Report 2019 - Industry, Major Players and Recent Trends

DUBLIN, Feb. 12, 2019 /PRNewswire/ --

The "Medical Aid Funding in South Africa 2019" report has been added to ResearchAndMarkets.com's offering.

Medical Aid Funding: The South African medical aid funding industry provides cover to over 8.8 million beneficiaries whose gross contributions amounted to R179.8bn in 2017. The total number of registered medical schemes declined from 124 in 2006 to 80 at end-March 2018.

Discovery Health is the dominant player with over 2.7 million beneficiaries or around 31% of the total domestic market and over 50% of the open medical schemes segment. The Government Employees Medical Scheme dominates the restricted medical schemes segment with a market share of 47%. Medical scheme membership remains out of the reach of over 83% of the South African population.

Changes Ahead

The Competition Commission's health market enquiry and the National Health Insurance (NHI) Bill and the Medical Schemes Amendment Bill are set to shake up the public and private healthcare systems. The medical aid funding industry is characterised by consolidation, contracting medical scheme benefits and rising gross monthly contributions per beneficiary. The industry faces numerous challenges including slowing membership growth and rising healthcare costs.

Report Coverage

The Medical Aid Funding Report describes the industry, major players and recent trends. It examines the initial Competition Commission findings and new legislation and factors influencing the sector's success. It provides comprehensive profiles of 31 medical schemes and fund administrators including the major players in the private and public sector and smaller schemes such as Keyhealth and the Chartered Accountants Medical Aid Fund.

Key Topics Covered:

1. Introduction

2. Description Of The Industry
2.1. Value Chain
2.2. Geographic Position

3. Size Of The Industry

4. State Of The Industry
4.1. Local
4.1.1. Corporate Actions
4.1.2. Regulations
4.1.3. Enterprise Development and Social Economic Development
4.2. Continental
4.3. International

5. Influencing Factors
5.1. Economic Environment
5.2. Government Interventions
5.3. Input Costs
5.4. Commercial Health Insurance
5.5. Fraud
5.6. Technology, Research and Development (R&D) and Innovation
5.7. Labour Resources
5.8. Environmental Concerns
5.9. Cyclicality

6. Competition
6.1. Barriers to Entry

7. SWOT Analysis

8. Outlook

9. Industry Associations

10. References
10.1. Publications
10.2. Websites

Appendix 1 - Summary Of Notable Players
Major Open Medical Schemes
Major Restricted Medical Schemes
Major Medical Fund Administrators

Appendix 2 - Registered Medical Schemes as at 31 March 2018
Profiles Of Notable Open Medical Schemes
Bestmed Medical Scheme
Bonitas Medical Fund
Discovery Health Medical Scheme
Fedhealth Medical Scheme
Keyhealth Medical Scheme
Medihelp Medical Scheme
Medshield Medical Scheme
Momentum Health
Sizwe Medical Fund
Profiles Of Notable Restricted Medical Schemes
Anglo Medical Scheme
Bankmed Medical Scheme
Chartered Accountants Medical Aid Fund
Government Employees Medical Scheme
La-Health Medical Scheme
Moto Health Care
Nedgroup Medical Aid Scheme
Platinum Health Medical Scheme
Profmed Medical Scheme
Samwu National Medical Scheme
Sasolmed Medical Scheme
South African Police Service Medical Scheme
Transmed Medical Fund
Profiles Of Notable Medical Fund Administrators
Agility Holdings (RF) (Pty) Ltd
Discovery Health (Pty) Ltd
Medscheme Holdings (Pty) Ltd
Metropolitan Health Corporate (Pty) Ltd
Mmi Health (Pty) Ltd
Momentum Thebe Ya Bophelo (Pty) Ltd
Professional Provident Society Healthcare Administrators (Pty) Ltd
Sechaba Medical Solutions (Pty) Ltd
Universal Healthcare Administrators (Pty) Ltd

For more information about this report visit https://www.researchandmarkets.com/research/43dnbw/south_africa?w=5

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