Sanlam : to Shake up SA Private Healthcare

SLM.JO

Paul Hanratty, CEO of Sanlam Group, says the need for affordable private healthcare was laid bare during the COVID-19 crisis. "Unfortunately, many South Africans have found themselves unable to afford the prohibitively high costs of most medical aids. At Sanlam, we are led by a singular purpose - to help Africans live with confidence - and our clients' health is vital to their ability to live with confidence and resiliently build wealth. With this in mind, we have made the decision to significantly upweight our health focus."

Hanratty says the new division will offer South African employers and consumers options which many of the existing players in the market don't. "Our range of healthcare solutions will allow South African employers and consumers to select the solution that best meets their health needs and financial situation. We also intend to become a catalyst for innovation in the space that will help drive down the cost of access to healthcare."

New products, which will be rolled out in the coming months, include a low-cost primary health insurance product called Sanlam Primary Care as well as Sanlam Gap, Sanlam Primary Care Clinics, Sanlam Occupational Health Services, Sanlam Employee Assistance Programme and Sanlam Executive Care.

Disclaimer

Sanlam Ltd. published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2021 08:11:06 UTC.