South African Insurers to Pay for 14 Million Covid-19 Vaccines
- For every member vaccinated a non-member will get a shot
- S. Africa yet to secure direct shipments from vaccine makers
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South African medical insurers will pay for a Covid-19 vaccine for as many people who don’t have coverage as they have members and expect the program to cost as much as 7 billion rand ($464 million).
The subsidy will mean that including medical aid members the companies will finance vaccines for 14 million adults in the country of 60 million people, Ryan Noach, the chief executive officer of Discovery Health Ltd., said in an interview on Wednesday. Discovery has already set aside the money, he said.