Overview
Discovery Health Medical Scheme, administered by Discovery Health, is the largest private healthcare funder with over 2 million members – this equates to a market share of 40% of the industry today. The growth has been entirely organic, and is a function of the administrator’s ability to manage the complexities of the South African healthcare funding environment in a way that offers consumers certainty, sustainability and value.
Our members have the certainty that they belong to a financially sound scheme that offers the most comprehensive benefits in the industry and continues to deliver value for money. Discovery Health Medical Scheme has continued to be recognized as the most financially sound scheme in the industry. During the past year, our rating was upgraded to an AA+ rating in 2009 and has been reconfirmed for 2010 – the ceiling rating in the industry that assess a scheme based on its size, cash flow, and operational strength, past performance, management expertise and reserves. The financial stability of the Discovery Health Medical Scheme is evident from the R6 billion the Scheme holds in reserves.
