The WELLTH Fund has already paid out over R600 million to Discovery Health Medical Scheme (DHMS) members since it launched in January 2023. The once-off benefit will be available until 31 December 2024. The top five services DHMS members used their WELLTH Fund benefit for in 2023 were to fund visits to dentists, GPs, physiotherapists, optometrists and to obstetricians and gynaecologists. In 2
Discovery Bank and Visa today released their latest SpendTrend24 report, a comprehensive study of consumer spending habits.
03 April 2024, Johannesburg – The Breast Health Foundation (BHF), supported by the Discovery Fund, successfully renovated and inaugurated the Pfukani Women’s Clinic at Tintswalo Hospital in Acornhoek, Mpumalanga, with the ambition to bring critical healthcare services closer to members of the community.
In April 2002, the Breast Health Foundation was established as a Not-for-Profit Organisatio
Johannesburg, 20 March 2024 – Discovery today presented a strong set of half-year results to the investor community, with an update on Discovery Bank reaching its monthly operational break-even ahead of the Group’s target date. Group Chief Executive, Adrian Gore, commented, “In an environment characterised by continued macroeconomic complexities, Discovery delivered a strong operating performance
The medicines you use on a regular basis could be harming your kidneys. Knowing how to protect your kidneys can help prevent you from developing chronic kidney disease and other life-threatening conditions.
All drugs can have a negative effect on kidney health, whether they are prescribed or over-the-counter (OTC) medicines, or chronic consumption of illegal drugs or alcohol. Even some medicin
New research by Vitality and the London School of Economics shows that walking at least 5,000 steps three times a week is a milestone habit that, when maintained for two years, can add up to three years to a previously inactive individual’s life expectancy and reduce their healthcare costs by up to 13%.
An analysis conducted by Discovery Vitality across South Africa between 2019 and 2023 shows that health screening rates are lower than they should be.
The unexpected resilience of developed markets in 2023 has placed global investors on a strong footing going into 2024. That said, Discretionary Fund Manager Cogence, and its partners BlackRock and RisCura, believe the world is entering a new period – The Great Unknown – as fracturing deepens and a record number of countries go to the polls.
Download the full Cogence 2024 Market Outlook below.
Vitality members can now get an upfront 20% discount on court bookings with the ability to book up to four weeks in advance at over 100 padel courts around the country.
Johannesburg, 28 February 2024: Discovery is proud to announce the official launch of the Discovery Pothole Patrol Academy in partnership with Avis Southern Africa.
Following a successful pilot in 2023 with 18 learners, the Academy is now accredited by the Insurance Sector Education and Training Authority (INSETA) to offer a 12-month practical skills training programme providing an NQF Level 3
Leading health insurer’s ambition to help create a healthier Africa continues to gain momentumVitality Health International, the innovative health insurer that provides leading healthcare solutions to employers in Africa, has announced additional benefits, improved access to accredited healthcare provider networks, and a new health insurance plan to further broaden access of comprehensive healthca
Discovery and its clients donated 10 000 netballs and 5 000 rugby balls to non-profit sports development organisations who work with schools across South Africa.
Vitality members collectively recorded 87 million workouts in 2023 and achieved other fascinating milestones and great rewards for staying healthy.
When looking at the past year’s market performance, clear structural changes have emerged. Today’s new market regime demands a pragmatic shift to find value for investors.
Regular cancer screening is lifesaving - the earlier you catch cancer, the better your outcomes
With World Cancer Day commemorated every year on 4 February, latest claims data from Discovery Health Medical Scheme (DHMS) shows an improvement in cancer screening rates following the dip noted during the pandemic period from 2020 to 2022. For the most part they have returned to pre-pandemic levels.
As the world starts putting COVID-19’s high mortality claims behind it, the insurance industry is battling a wave of uncertainty. While Discovery Employee Benefits paid a total of R1.94 billion in death and disability claims through its Group Risk benefits between 1 July 2022 and 30 June 2023, the group affirms that it’s been very complicated to predict death and disability claims in the period.
From December, the Discovery Bank app puts discounted, digital entertainment vouchers in the palms of Discovery Bank’s clients.
In April 2023, Discovery Health Medical Scheme (DHMS) provided cover to 90 centenarian members (people aged 100 years or older), including two semi-supercentenarians aged 105. These members represent 0.0032% of DHMS lives (32 centenarians per million Scheme members). Ironically, DHMS centenarians are healthier than the average elderly member, with a chronic condition prevalence that is similar
Following Black Friday, Discovery Bank looked at the spend trends and shopping preferences among its clients.
Discovery Insure’s latest Drive Trends Report reveals that fuel price hikes have implications on South Africans’ daily lives. Many consumers are spending more at the pump than they used to but getting fewer litres of fuel in total.
