South Africa’s healthcare is facing tough and complex challenges. This is partly due to an ageing population and the growing prevalence of chronic illnesses. However, another concern is SA’s declining economy, and the likely impact of our recent downgrade to junk status.
Consultation fee vs the economy
Year-on-year, medical professionals have felt the pressure in balancing what they charge patients with what medical aids are willing to pay. We analysed the average GP consultation fee increase from 2014 to 2016 and compared this to two key economic indicators: the average taxpayer salary increase and inflation.