Discovery profit jumps to R17.75bn & Why the HFA is pushing to make medical aid compulsory

Discovery profit jumps to R17.75bn & Why the HFA is pushing to make medical aid compulsory

September 3, 2026 · 1h 24m

About this episode

Stephen Grootes discusses Discovery's financial results and the push for compulsory medical aid with industry leaders.

Stephen Grootes speaks to Discovery Group CEO Adrian Gore about Discovery’s strong full-year results, the return of Discovery Bank to profitability, the rollout of its Super Bank strategy, and how the Vitality shared-value model is driving growth locally and internationally. In other interviews, Thoneshan Naidoo, CEO of Health Funders Association talks about a new report showing medical scheme contributions could drop by up to 30% if membership were made mandatory for all taxpayers earning above the tax threshold. The Health Funders Association analysis highlights that bringing 8.7 million younger, healthier uninsured taxpayers into the system and introducing a risk-equalisation mechanism would stabilize the ageing risk pool and prevent scheme failures. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing…

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