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medical

Council of Medical Schemes – New fees announced

In a recent communication from the Council of Medical Schemes: Amendments to Regulation 31 and 32 published in terms of the Medical Schemes Act 1998 (Act No. 131 of 1998) ), the following increases were announced:

  • Application for registration of a medical scheme will now be R8 750.00 (Current Fee: R5 000.00)
  • Application for accreditation or renewal of accreditation as an administrator contemplated in Section 58(4) of the Act will now be R14 000.00 (Current Fee: R10 000.00)
  • Application for accreditation or renewal of accreditation as a broker contemplated in Section 65 of the Act will now be R1 400.00 (Current Fee: R1 000.00)

Please note that the effective date of the new fees, as detailed in Circular 57, is 2 September 2016.

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