FANews
FANews
RELATED CATEGORIES
Category Healthcare
SUB CATEGORIES General  |  HIV |  Medical Schemes | 

Liberty Health Medical Scheme to move administration from Medscheme to Liberty Health

27 May 2008 Liberty Health Medical Scheme

The Board of Trustees of the Liberty Health Medical Scheme today announced that the administration of the scheme would in future be undertaken within the Liberty Health Holdings structure (“Liberty Health”). This follows many months of investigation and discussion, to ensure that the best interests of the 100 000 members on the scheme are addressed.

The Executive Principal Officer of the Liberty Health Medical Scheme, Mr Andrew Edwards commented; “We are very excited about the numerous opportunities that the strategic alignment presents, especially within a consolidating market where growth, innovation and brand will be key to future success.”

Mr Edwards went on to say that the move to Liberty Health from the present administrators Medscheme was scheduled for the last quarter of 2008. “The scope of the transfer process will be significantly reduced, given that Liberty Health recently acquired the Neil Harvey & Associates IT solution currently in use at Medscheme. The move will be seamless and scheme members will not be inconvenienced.”

Commenting on the successful negotiation of the contract, Dr Peter Botha, Chief Executive of Liberty Health said “We are delighted that the scheme has made this decision, and have no doubt that the members will benefit greatly from the synergies this will create as we leverage the technological and human capital skills within the Liberty Group.”

Quick Polls

QUESTION

Which aspect do you think is most critical for the future success of financial advisory firms?

ANSWER

Embracing technological advancements
Rethinking fee structures
Focusing on inter-generational wealth transfer
fanews magazine
FAnews June 2024 Get the latest issue of FAnews

This month's headlines

Understanding prescription in claims for professional negligence
Climate change… the single biggest risk facing insurers
Insuring the unpredictable: 2024 global election risks
Financial advice crucial as clients’ Life policy premiums rise sharply
Guiding clients through the Two-Pot Retirement System
There is diversification, and true diversification – choose wisely
Decoding the shift in investment patterns
Subscribe now