Four Medical schemes receive Stable rating by GCR
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.