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Written by David.

At a press conference today 5th February the competition commission laid out there initial report after the close of submissions from stakeholders. The stakeholders submitted their reports and findings on the 17th of November 2014.

 

I total 68 submissions which amounted to 15000 pages. The sheer volume of the detailed reports and their analysis was the reason given by the head of the board for the delay in the release. Only 13 were accepted confidential under law. The submissions will be made public on the commission’s website.

The private healthcare industry gave certain reasons for the pricing.

  • - Pricing is related to inflation and markets.
  • - Concentration of patients in relation to hospitals.
  • - 3rd party payers (medical aids)
  • - Specialist costs
  • - Aging medical aid patients
  • - Cost of medications and equipment
  • - Hiring constraints in law
  • - Changing burden or disease
  • - Medical commission boards

The panel will now enter into arranging meetings and hearings with the stakeholders over the next month. Then said meetings and hearings will take place and conclude on the 30th March 2015.

The next phase will be public and in camera hearings over the month of April 2015. This is for further engagement from the public on current findings and the submissions made. After this the panel will release its draft report to the public for further input from the public and government.

The deadline for the fine report is 15th November 2015.

 

 

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