DailySun
Sanlam has revealed a partnership with Fedhealth, naming it as its exclusive open medical scheme provider.
This choice aligns with the group’s strategy to deliver a thorough health solution to both current and prospective clients, thereby enhancing its overall financial services value proposition.
The collaboration further fortifies Sanlam’s ambition to provide an integrated system encompassing healthcare, insurance, and investment that prioritizes value, affordability, and sustainability.
For Fedhealth, this agreement supports its objective of expanding market share within the corporate sector in South Africa; it is anticipated to bring in numerous new corporate members via Sanlam’s robust client base.
Fedhealth will retain its autonomy, overseen by a board of trustees composed of scheme members.
“We are enthusiastic about finalizing our partnership with Fedhealth, which bolsters our commitment to enhance our focus on health,” states Sanlam Group CEO Paul Hanratty.
“A substantial number of South Africans need accessible private healthcare underpinned by a dependable medical aid. Our collaboration with Fedhealth underscores our commitment to providing accessible healthcare and highlights our dedication to encouraging clients to live confidently, healthily, and to build financial resilience.
“We have already transitioned the majority of our staff to Fedhealth and look forward to a partnership that benefits both parties.”
According to Fedhealth’s principal officer, Jeremy Yatt, the partnership epitomizes a synergy grounded in shared principles: customization and affordability.
“Fedhealth differentiates itself in the medical aid sector by providing customizable medical aid plans, allowing our members to choose options that suit their needs while avoiding payment for unutilized benefits.
“This strategy results in significant cost savings,” he remarks.
“Through our collaboration with Sanlam, we will elevate our offerings with more cost-saving opportunities, an integrated product suite, an innovative rewards platform, and wellness incentives that empower our members to take charge of their health.”
This partnership goes beyond simple business dealings – it aspires to make a substantial difference in the lives of all South Africans.
Yatt comments: “By merging Sanlam’s esteemed reputation and extensive reach with Fedhealth’s clinical expertise, we are setting a new standard for health and wellness. Together, we aim to offer enhanced benefits, improved access, and cutting-edge innovation for financial, physical, and mental well-being – all in one place.
“Our vision is clear: to emerge as the most trusted health brand in South Africa by 2030, delivering real value at every turn.”
This message is brought to you by Sanlam and Fedhealth.
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