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Home / Posts tagged “#medicalschemes” / Page 6

#medicalschemes

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Budget: Key changes for taxpayers and investors

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Budget: Key changes for taxpayers and investors

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Key compliance issues for FSPs in 2025/26

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No proposed compromise on NHI is on the table, says Health Minister

The Hospital Association of SA’s proposal for mandatory health insurance aims to shift millions of formally employed citizens to private coverage.

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Health Minister refuses to say how NHI will be funded

Motsoaledi insists that equalising healthcare shouldn’t be held back by funding concerns, and he challenges the assumptions behind the cost estimates.

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Momentum’s NHI cost estimate is ‘mathematical hooliganism’, says Health Minister

Aaron Motsoaledi wants to engage with with stakeholders who are in favour of universal health coverage but have objections to the NHI Act.

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Medical scheme placed under statutory management as reserves plummet

The deterioration in Sizwe Hosmed’s reserves is attributed to ‘benefit under-pricing and historically unreliable budgetary and forecasting processes’.

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Ramaphosa and Steenhuisen say differences over NHI can be resolved

But statements by the Minister of Health indicate the ANC does not believe material changes to the NHI Act should be made.

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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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How NHI could cost employers and employees

It is expected that scrapping the medical scheme tax credit will be the first measure designed to raise revenue for NHI.

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Costly battle: addressing absenteeism with corporate wellness programmes

Absenteeism costs South Africa R12bn to R16bn annually, with mental health-related ‘presenteeism’ adding an estimated R235bn a year.

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CMS webinars for brokers, trustees, and medical scheme employees

The Council will provide a CPD-accredited training session for newly appointed healthcare brokers in August.

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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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Discovery Health says Road Accident Fund is in breach of court order

In 2022, the High Court ruled that the fund could not withhold payments for past medical expenses covered by medical schemes.

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Investigation calls into question the narratives used to support NHI

BHF-commissioned study identifies 11 assertions made about private healthcare and medical schemes that lack foundation.

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Discovery’s enhanced screening benefit will be available to new members after 2024

DHMS provides an update on the impact of the WELLTH Fund and membership movements following the consolidation of the Comprehensive series.

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What medical scheme members should know about new financial reporting standards

The change is aimed at making the financial information of insurers more easily comparable across countries and industries.

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Medical schemes get costlier as reform takes a back seat to NHI

Members of medical schemes are paying up to 30% more because the regulatory system broke down after the government’s focus shifted to NHI.

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How the NHI shake-up may impact South African healthcare

There are concerns about the sustainability of private providers and whether the public will face higher costs to maintain their current level of healthcare.

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NHI ‘collaboration’ means different things to the government and the private sector

In an interview this week, President Ramaphosa was asked whether South Africans will pay higher taxes to fund NHI.

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Budget: Key changes for taxpayers and investors
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