The market inquiry would commence on January 6 and would be completed by November 30, it said yesterday. The inquiry would probe the private healthcare sector holistically to determine the factors that restrict, prevent or distort competition and underlie increases in private healthcare prices and expenditure in SA.
Health inflation in South Africa is consistently above general inflation, with hospital inflation sometimes weighing in at over 40%.
The commission said it was finalising the appointment of a panel comprising experts that would preside at the hearings, review submissions, examine evidence and draft the inquiry report and recommendations.
It would gather evidence and insights into private healthcare through public hearings, reviews of secondary material, information requests, consultations and summons, as required, the commission said. It invited all interested and affected parties to submit information in accordance with the guidelines.
Further details regarding the administrative phases of the market inquiry, along with guidelines for participation in the market inquiry would be made available on the commission’s website http://www.healthinquiry.co.za/.
“The Commission wishes to thank stakeholders for their support for the inquiry and valuable input on the terms of reference. We look forward to a robust, evidence-based inquiry that will illuminate the competitive dynamics of private healthcare markets to form the basis for sound recommendations,” Deputy Commissioner Trudi Makhaya said.