National Treasury and the Department of Health issued a joint media statement on 28 October 2016, after tabling the draft Demarcation Regulations in Parliament.
The Regulations are the outcome of a consultative process between the Ministers of Finance and Health, as well as the Financial Services Board (FSB) and the Council for Medical Schemes (CMS).
The media statement provides a summary of the draft Regulations, the consultation process, amendment of the definition of the “business of a medical scheme” and implementation timelines, with the intention of implementation on 1 April 2017.
The CMS would like to bring the media statement to attention of all its stakeholders, as the Demarcation Regulations will impact operations of the majority of stakeholders.
Kindly click here to view the statement.
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