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broker-fees

Medical Schemes – Broker fees increased

The Council for Medical Schemes (CMS) recently announced the approval of an increase in the maximum amount payable to brokers in terms of Section 65 of the Medical Schemes Act (131 of 1998). The revised amount is now R101.91 plus value added tax (VAT) – the 2020 fee was R98.85 plus value added tax (VAT). […]

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Medical-Schemes

Medical Schemes

– Adjustment of broker fees The Council for Medical Schemes published Circular 4 of 2019 containing the details of the increase in broker fees. Regulation 28(2) published in terms of the Medical Schemes Act, now effectively reads as follows: “Subject to sub-regulation (3), the maximum amount payable to a broker by a medical scheme in […]

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