Motsoaledi warns against the ‘financialisation’ of healthcare

HEALTH Minister Dr Aaron Motsoaledi has raised the alarm over the ‘pervasive financialisation of healthcare, a concept that he argues is transforming health from a fundamental public good into a profit-driven commodity.

- THOBEKA NGEMA

Speaking at the Kgalema Motlanthe Foundation Drakensberg Inclusive Growth Forum 2025 at the weekend, Motsoaledi highlighted the shortcomings of current health financing models, not just in South Africa but across the globe, and underscored their dire implications for public health.

Motsoaledi was speaking about managing the complexities of the health system and resources.

“The problem is what we call financialisation of healthcare,’ Motsoaledi said.

He said there is a growing influence of financial markets, investors and corporate interest in the healthcare sector.

“This phenomenon is transferring health care from a public good, which it is, and a social service into a commodified profit-driven industry prioritising financial returns over people’ health and well-being,’ Motsoaledi said.