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(1.9.04) After many delays, South Africa has a new National Health Act. The framework legislation is due to become operational in the coming weeks, once signed into law by the President.
(27.8.04) On 01 July Protector Group was served with a court order to hand over all data and documentation relating to Protector Health medical scheme with immediate effect.
Discovery has announced a contribution increase of 5.4% for the Discovery Health medical scheme, and also stated that they would reach the 25% reserve minimum as required by law, which translates to about R3bn in assets, thus taking care of the solvency r
(3.8.04) Some interesting statistics about the sector.
The strongest deterrent against FSP compliance missteps is or should be: