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Health Minister signals winds of change for healthcare funding industry.
‘Medical expense tax credits are effectively used as an ‘expense’ when calculating tax and reduces the amount of tax payable by a household which belongs to medical aid,’ explains Gerhard Van Emmenis, Principal Officer of Bonitas Medical Fund.
In 2017, solvency and liquidity proved to be key issues within the financial services industry as regulators became more aware of the protective role that insurers play in the lives of their clients.
Have you ever applied for insurance cover, but failed to disclose all the relevant facts or details, or just “twisted” some of the facts in order to avoid waiting periods, exclusions, penalties, or higher premiums?
The strongest deterrent against FSP compliance missteps is or should be: