The richest 40% of SA pays for 87% of the country's health care - Econex

Health minister, Dr. Aaron Motsoaledi and the government still seem committed to the National Health Insurance (NHI).

Dr Paula Armstrong, Economist at Econex says the poor certainly receive a much smaller proportion of overall health care than the rich in South Africa.

A new report on health care financing by Econex, an economics research consultancy started by University of Stellenbosch economics professors disagrees with governments research with regards to the financing of the health care scheme.

What our research finds is that the wealthiest 40% of the population in South Africa, finances roughly 86% of healthcare in the country.

Dr Paula Armstrong, Economist at Econex

What we're talking about here is tax contributions, medical scheme contributions and out of pocket payment for health care in South Africa.

Dr Paula Armstrong, Economist at Econex

We aggregate that across the different parts of the socio-economic distribution and then divide this up by those socio-economic groups to see which groups contribute the largest portion explains Armstrong.

And we find there that the largest proportion comes from the wealthiest 20% of the population and the second wealthiest 20% of the population.

Dr Paula Armstrong, Economist at Econex

She says the one portion of the financing, is largely attributed to tax contributions.

Listen to the full interview in the clip below:


This article first appeared on 702 : The richest 40% of SA pays for 87% of the country's health care - Econex


Recommended

by NEWSROOM AI
Read More
 Motsoaledi: SA education system still reeling from 'poisonous' Bantu education

Motsoaledi: SA education system still reeling from 'poisonous' Bantu education

Motsoaledi discusses feedback from the ANC NEC Subcommittee at the ruling party's National Policy Conference.

Motsoaledi says new NHI will bring about radical change

Motsoaledi says new NHI will bring about radical change

Health Minister Aaron Motsoaledi released the NHI policy document and promised health care would benefit both rich and poor.

Medical aid schemes divide the rich and poor - SA Health Professions Council

Medical aid schemes divide the rich and poor - SA Health Professions Council

SA Health Professions Council says medical aid schemes should be abolished in order to improve the healthcare system.

Minister Motsoaledi is determined to transform SA's healthcare system - #NHI

Minister Motsoaledi is determined to transform SA's healthcare system - #NHI

Health Minister Aaron Motsoaledi maintains that NHI is the only way to balance the scales of public & private healthcare system.

Motsoaledi: NHI will allow for private and public healthcare options

Motsoaledi: NHI will allow for private and public healthcare options

Health Minister Aaron Motsoaledi says patients will be able to use any accredited healthcare facility that meets the NHI criteria.

Motsoaledi slams claims by Free Market Foundation discrediting NHI

Motsoaledi slams claims by Free Market Foundation discrediting NHI

The Free Market Foundation says the National Health Insurance (NHI) scheme does not offer optimal healthcare access for the poor.

How the National Health Insurance scheme will work

How the National Health Insurance scheme will work

Health Minister Dr Aaron Motsoaledi clarifies how the NHI system will work amid claims that it could be made compulsory.

Popular articles
Hits from the bong (it’s legal!)… then off to work I go?

Hits from the bong (it’s legal!)… then off to work I go?

The consequences of consuming dagga at home and showing up at the office high. Bruce Whitfield interviews a labour lawyer.

Tax ombud to probe Sars – yet again - after taxpayers complain

Tax ombud to probe Sars – yet again - after taxpayers complain

The Money Show’s Bruce Whitfield interviews Adv. Eric Mkhawane, CEO at the Office of the Tax Ombud.

Assisted suicide activist facing murder charge released on bail

Assisted suicide activist facing murder charge released on bail

Eyewitness News reporter Shamiela Fisher gives a summary of the court proceedings for Sean Davison.

Heinrich Volmink could've been a good mayor but Dan Plato gets the livery collar

Heinrich Volmink could've been a good mayor but Dan Plato gets the livery collar

Prof Jonathan Jansen sings Volmink's praises as Dan Plato is elected to lead the City of Cape Town taking over from De Lille.

Key things to consider ahead of your retirement

Key things to consider ahead of your retirement

If you’re a baby boomer on the brink of retirement, here are a few things to consider ahead of time.