Sanlam and Fedhealth to Join Forces in Transforming Accessible Healthcare in South Africa

Sanlam has announced a partnership with Fedhealth, designating it as its sole open medical scheme provider.

This decision aligns with the group’s strategy to offer a comprehensive health solution to both existing and prospective clients, enhancing its overall financial services value proposition.

The collaboration further strengthens Sanlam’s goal to provide an integrated approach to healthcare, insurance, and investment that emphasizes value, affordability, and sustainability.

For Fedhealth, this agreement aligns with its goal of increasing market share within the corporate sector in South Africa; it is expected to attract numerous new corporate members through Sanlam’s well-established client base.

Fedhealth will maintain its independence, governed by a board of trustees comprised of scheme members.

“We are excited about finalizing our partnership with Fedhealth, which reinforces our aim to enhance our focus on health,” says Sanlam Group CEO Paul Hanratty.

“A significant number of South Africans require accessible private healthcare supported by a reliable medical aid. Our alliance with Fedhealth highlights our dedication to providing accessible healthcare and underscores our commitment to encourage clients to live confidently, healthily, and build wealth resiliently.

“We have already transitioned most of our staff to Fedhealth and eagerly anticipate a partnership that benefits both parties.”

According to Fedhealth’s principal officer, Jeremy Yatt, the partnership reflects a synergy rooted in shared values: customization and affordability.

“Fedhealth stands out in the medical aid market with our ability to offer customizable medical aid plans, enabling our members to select options that fit their needs and avoid paying for unused benefits.

“This approach leads to substantial cost savings,” he states.

“Through our collaboration with Sanlam, we will enhance our offering with additional cost-saving opportunities, an integrated product suite, an innovative rewards platform, and wellness incentives that empower our members to take control of their health.”

This partnership transcends mere business – it aims to create a significant impact in the lives of all South Africans.

Yatt remarks: “By fusing Sanlam’s respected reputation and broad reach with Fedhealth’s clinical expertise, we are establishing a new benchmark for health and wellness. Together, we aspire to provide increased benefits, improved access, and cutting-edge innovation for financial, physical, and mental well-being – all in one place.

“Our vision is clear: to become the most trusted health brand in South Africa by 2030, delivering genuine value at every turn.”

This message is brought to you by Sanlam and Fedhealth.

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