Category Healthcare
SUB CATEGORIES General  |  HIV |  Medical Schemes | 

Protea: Plans in place to restore medical scheme to former glory

11 November 2010 Protea Medical Aid Scheme and Universal Healthcare Administrators

Protea Medical Aid Scheme has been placed under Curatorship. However, the newly appointed curator, Mr Velaphi Petsana and the Scheme’s administrator, Universal Healthcare Administrators, are positive that the appropriate plans are now at last in place to restore the Scheme to its former glory.

Mr Petsana and Universal Healthcare Administrators have already agreed to consolidate the administration services of the scheme under a single roof in Johannesburg. This in itself will drastically improve efficiencies whilst keeping a tight rein on unnecessary expenses.

Protea Medical Scheme had encountered difficulties in building the legally required reserves of 25% as stipulated by the Council for Medical Schemes. It was consequently placed under the curatorship by the Western Cape High Court on 29 October 2010.

“I will work closely with Universal Healthcare Administrators in order to grow the Scheme whilst ensuring its full sustainability once again,” said Mr Petsana. “The Scheme fills an important niche in supporting a number of members who have been with the Scheme for many years and we need to nurse it back to health again as soon as possible.”

Adding to the comments of Mr Petsana, Universal’s CEO, Dr Johan Pretorius said that his team was looking forward to working with the Curator and that they are most confident that together they can restore Protea Medical Scheme to its former glory.

Universal Healthcare (Pty) Ltd acquired Universal Healthcare Administrators and Universal Care, previously known as Status Medical Aid Administrators and QA Care Plus respectively, in 2009. These companies provide medical aid administration and managed healthcare services to seven medical aid scheme clients and have enviable track records spanning more than three decades.

Protea Medical Aid Scheme, which was registered in 1969, is one of the oldest, more established schemes in the country and has a long, proud history. The Scheme inter alia caters for international students, mainly from China, India and other parts of Africa, who are studying at South African universities and educational institutions.

It has been estimated that up to 65 000 foreign students study in South Africa every year. The Scheme also has an important permanent core membership of elderly individuals to whom it provides healthcare cover.

“Protea Medical Aid Scheme’s members can rest easy in the knowledge that they have the total commitment and full support of Universal Healthcare and the Curator and that it is our intention to act in the very best interest of the members of the Scheme,” concluded Mr Petsana.

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