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LCBOs amounts to ‘Let them eat cake’

17 February 2020

As recently as March 2019, the Council for Medical Schemes released a discussion document seeking industry inputs on how best to go about implementing Low Cost Benefit Options (LCBOs), with the intention of introducing measures to provide the protection of healthcare cover on medical schemes for low-income households.

The risk of downgrading your medical aid cover

24 January 2020

As we step into a new year, South Africa faces tough economic times ahead. With an escalating unemployment rate coupled with a skyrocketing cost of living, many professionals are looking for ways to cut costs. In most cases, this means downgrading their healthcare plans to more affordable options. The question is: Is this always a good idea?

Why the regulator is discontinuing the low-cost benefit option intended to increase the affordability of medical schemes?

07 January 2020

If the enrolment of membership to schemes has been stagnant and the proportion of the population that enjoys medical scheme cover has decreased during past decade, why is the regulator discontinuing the Low-Cost Benefit Option (LCBO) intended to increase the affordability of medical schemes.

SA medical schemes remain healthy despite a tough year, says Alexander Forbes Health

12 December 2019

Alexander Forbes Health has published its latest edition of Diagnosis, an annual publication that analyses key trends in the medical schemes industry from 2000 to 2018.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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