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Regulator places Sizwe Hosmed Medical Scheme under statutory management

01 August 2024 | Medical Schemes

By joint agreement, the Council for Medical Schemes (CMS) has placed the Sizwe-Hosmed Medical Scheme under statutory management, in terms of Section 5A of the Financial Institutions (Protection of Funds) Act 28 of 2001 ("FI Act") Protection of Funds Act.

Insurers meet intermediaries meet NHI on the digital tech battlefield

01 August 2024 | General

Rapid advances in digital technology have the potential to change the accessibility and affordability paradigm across the financial services sector. This is especially true in the complex and costly healthcare sector, where digital innovation introduces sustainability challenges for insurers and intermediaries involved in the life insurance and medical schemes environs. A panel discussion at the recent African Insurance Exchange (AIE 2024) sought to make sense of the pending tech-driven healthcare revolution.

Discovery Health Medical Scheme (DHMS) prioritises members’ wellness, alongside continued focus on sustainability

31 July 2024 | Medical Schemes

Discovery Health Medical Scheme (DHMS) continues to demonstrate strong performance, financial certainty and sustainability for members’ peace of mind.

Africa’s first medical concierge service launched – to manage health like wealth

31 July 2024 | General

Infinity Medical Concierge, Africa’s first medical concierge service – with a continent-wide solution – has officially launched in South Africa, offering a proactive, exclusive approach to healthcare.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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