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Tag Archives | Medical Schemes


Low Cost Benefit Options exemption – Council for Medical Schemes update

Towards the end of 2019, the Council for Medical Schemes (CMS) published two circulars announcing its future plans for Low Cost Benefit Options (LCBO) and the Demarcation Exemption Framework. The timing and one-sidedness of this announcement was met with criticism from the industry. Following on from the circulars, the CMS embarked on various engagement sessions […]

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Updates from Medical Schemes Council – Consolidation of smaller funds and Low-Cost Benefit Package reviewed

In September 2018, the Council for Medical Schemes (CMS) published a Draft Framework for Medical Schemes Consolidation for comment. In response to these comments the CMS has done additional analysis and as a result published two reports, i.e. Medical Scheme Consolidation High Level Analysis and a discussion document on Development of Low-Cost Benefit Options within […]

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Advanced training workshop – Council for Medical Schemes training for accredited brokers

The Council for Medical Schemes (CMS) will be hosting an advanced training programme workshop for accredited healthcare brokers in the Gauteng Province. Participants are requested to register on-line and submit proof of payment to the email provided above, by 15 February 2019. Please include your current BR number as your reference number. Each participant must have a […]

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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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CMS Annual Report 2016/17

The Council for Medical Schemes (CMS), regulator of the medical schemes industry, released its Annual Report for 2016-2017 on 5 October, providing a comprehensive report on the status of the private medical schemes industry in South Africa. Some of the interesting statistics in the report include: Number of medical schemes and beneficiaries The total number of […]

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Healthcare Commission Increase

The Council for Medical Schemes announced a 9.6% increase in the maximum commission payable to registered healthcare brokers. This puts them on par with government employees who also receive increases way above the inflation rate. The new maximum is R80, or 3% of contributions, whichever is the lesser. Nogal! I joined the financial services industry […]

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Healthcare Draft Regulations a “Death Spiral”

Business Day recently quoted Professor Alex van den Heever, chairperson of Social Security at Wits University as saying that the National Treasury’s latest proposals are “…poorly drafted and threaten to send the medical schemes industry into a death spiral.” According to the report, Professor Alex van den Heever, chairperson of Social Security at Wits University, […]

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