Mbali Khumalo, managing director at Simeka Healthcare, a division of Sanlam Corporate, said at the presentation of Sanlam’s Benchmark 2023 report this week the research they conducted had highlighted a concerning trend that South Africans only tend to start focusing on their health care after turning 40 – a delay which might be costly in the long-run.
“We are seeing a significant shrinkage in compulsory participation,” she said. “South Africans must make confident choices in every life stage, including the prioritisation of health care earlier on to