Today's Labour News

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healthcareBusiness Report writes that, in the face of rocketing premiums for medical liability cover, an insurer has developed SA’s first home-grown medical indemnity insurance product.  

Insurance costs are driving high-risk specialists such as gynaecologists and obstetricians from their professions.  Recent media reports have highlighted the crisis facing doctors in private practice, who are paying tens of thousands of rands a month for cover against patients suing them for medical malpractice.  Obstetricians have been particularly hard hit.  Until now, few local insurers have covered doctors, and there has been no cover for those in the high-risk areas of practice.  These doctors have had to look to overseas-based insurers and international organisations.  Now, Constantia Insurance Company has launched EthiQal, which offers occurrence-based liability cover, as well as claims-based cover.

  • Read this report by Martin Hesse in full at Business Report
  • See too, Maternity wards in danger of shutdown due to insurance costs, at Cape Argus

Get other news reports at the SA Labour News home page