Why South Africa Needs Tailored Medical Cover in a Time of Rising Costs.
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Guest: Craig Comrie – CEO, Profmed
As South Africans brace for another round of medical scheme increases, Profmed CEO Craig Comrie joins the conversation to unpack what’s really driving healthcare inflation and why a one-size-fits-all approach to medical cover no longer works.
With healthcare inflation historically 3–4% above CPI, rising costs are being shaped by new medical technologies, an ageing population, and specialist shortages. But amid these pressures, Profmed’s restricted scheme model has managed to keep contribution increases below industry averages for two consecutive years a rare feat in today’s market.
As South Africans brace for another round of medical scheme increases, Profmed CEO Craig Comrie joins the conversation to unpack what’s really driving healthcare inflation and why a one-size-fits-all approach to medical cover no longer works.
With healthcare inflation historically 3–4% above CPI, rising costs are being shaped by new medical technologies, an ageing population, and specialist shortages. But amid these pressures, Profmed’s restricted scheme model has managed to keep contribution increases below industry averages for two consecutive years a rare feat in today’s market.
