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Bonitas: A focus on members and amalgamation set the scene for 2017

29 September 2016

Bonitas: A focus on members and amalgamation set the scene for 2017

Solvency Ratios – the challenges, debate and proposed solutions

27 September 2016

The fiscal security of Medical Schemes is traditionally judged on their solvency ratios. Put simply it is the when the company’s cash flow is sufficient to meet its short and long term liabilities. Schemes are ‘hung, drawn and quartered’ for not meeting the prescribed minimum of 25% - considered a ‘healthy’ solvency ratio.

Momentum Health puts healthcare clients’ needs first in 2017

24 September 2016

“Offering members continued peace of mind in 2017 amidst a challenging industry-landscape, remains Momentum Health’s core focus”, says Damian McHugh, Head of Health Marketing at Momentum Group.

Four Medical schemes receive Stable rating by GCR

12 September 2016

he rating stability in the medical schemes sector continues to be underpinned by strong levels of reserves displayed by many participants that has given rise to sustained solvency strength. This has resulted in statutory solvency margins tracking comfortably above the 25% regulatory minimum. In terms of the latter, Medshield and Bankmed continued to evidence very high solvency metrics, registering respective statutory solvency margins of 53% and 43% in FY15. Margins for Fedhealth (36%) and Momentum Health (29%) again reflect healthy solvency buffers.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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