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Issues of ownership decided by the courts

26 June 2017

The medical schemes industry has been in the spotlight a lot lately as government is making a number of key decisions and announcements as it builds momentum towards laying the foundation towards the implementation of the National Health Insurance (NHI).

South Africa’s most affordable medical aid option launched

21 June 2017

Umvuzo Health, the country’s leading restricted low-cost medical scheme launched the all-new Activator Option during the unveiling of their exciting new brand. Both the new Umvuzo Health brand and the new Activator Option created great interest and a welcome relief for those earning less than R3 850 a month.

CMS has noted Constitutional Court judgement on Genesis

08 June 2017

The Council for Medical Schemes (CMS) has noted the Constitutional Court judgement on the appeal matter brought by Genesis Medical Scheme against the Registrar of Medical Schemes and the CMS. The Constitutional Court’s ruling in favor of Genesis Medical Scheme that funds in medical scheme members’ personal medical savings accounts (PMSA) can be treated as assets of a medical scheme, has huge implications for members of schemes who have benefit options that include a savings account.

Council for Medical Schemes withdraws accreditation of Strata Healthcare Management (PTY) LTD, as managed care organisation

05 June 2017

The Council for Medical Schemes (CMS), regulator of the medical schemes industry, has withdrawn the accreditation of STRATA Healthcare Management (PTY) LTD as a managed care organisation with effect from 31 May 2017. This follows the entity’s failure to meet ‘the fit and proper’ criteria for rendering medical scheme administration services, as set out in Medical Schemes Act, 131 of 1998 (the Act).

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

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