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Home / Posts tagged “claims” / Page 2

claims

Videos

Video interview: New mutual insurer enters the market

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2025 FPI Convention Highlights with Lelané Bezuidenhout and Ronald Matande

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Interview with Nicola Langridge, 2025 Financial Planner of Year

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Majority judgment ‘does not alter’ RAF’s liability for medical scheme members’ claims

The High Court in Cape Town rejects the Road Accident Fund’s contention that the Mlambo judgment has altered the legal landscape.

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Alexforbes reports R7 billion in two-pot system withdrawals

It says 47% of members intend to make future claims – with 34% of those who have already claimed planning to do so again.

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Discovery vs RAF: CMS executive says High Court got it wrong

A regulatory expert believes the judgment misinterpreted key legal principles in its ruling on the RAF’s obligation to reimburse medical schemes.

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Discovery to appeal ‘far-reaching’ judgment in favour of RAF

The High Court says Discovery Health misconstrued the scope of the judgment that set aside the RAF’s first directive on the payment of medical scheme members’ claims.

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How the dispute between the RAF and Discovery unfolded

Discovery Health’s quest for reimbursement from the RAF for medical expenses incurred by road accident victims has faced multiple legal hurdles, with new RAF directives complicating the situation.

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Closing the gaps in cancer care: academic advocates for patient-centred solutions

Associate Professor Tasleem Ras’s analysis of a patient’s case highlights critical pitfalls in cancer care.

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Rise in complaints about medical schemes clawing back losses allegedly linked to fraud and waste

Schemes and healthcare professionals are at odds over whether these recoveries are justified, says the Council for Medical Schemes.

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Investigation into ‘fruitless and wasteful expenditure’ continues as RAF bleeds another R1.6 billion

The investigation into the Road Accident Fund has uncovered a significant rise in default judgments, accumulating to R4.7 billion from 2018 through the second quarter of 2023.

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Santam reports 34% net income growth despite rising weather-related claims

The group attributed the turnaround in motor insurance to managing claims inflation and improving risk selection, resulting in a significant reduction in claims frequency.

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Two-pot retirement system – don’t be the weakest link

As the two-pot retirement system goes live on 1 September, intermediaries must prepare to guide clients through the new structure.

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Navigating insurance policies: how brokers can help prevent claim rejections

Tarina Vlok, MD of Elite Risk Acceptances, explains the importance of educating policyholders about their insurance coverage and exclusions.

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Bonitas plans to ‘return’ up to R700m in reserves to members

The medical scheme says it will use its reserves to limit contribution increases, while possibly improving members’ benefits and reducing co-payments.

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Medihelp’s solvency ratio drops below threshold amid high claims and rising costs

Medihelp submitted a CMS-approved three-year plan, requiring gradual contribution increases to restore its reserves to the statutory 25% level.

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Short-term insurers with the most and the least complaints in 2023

The important statistic is the proportion of personal lines complaints relative to an insurer’s share of the total personal lines claims.

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Insurers push for trackers as theft of high-end vehicles surges

According to the latest SAPS crime statistics, there were 5 973 carjackings in the fourth quarter of 2023.

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Why young South Africans can’t afford to skip insurance

During National Youth Month, Marius Kemp from Santam emphasises the importance of insurance for young people, who often lack emergency savings.

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Eastern Cape floods: Santam receives more than 250 claims

The number of claims is expected to rise, and storm-hit policyholders in KwaZulu-Natal will also be filing claims.

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