Momentum has been named as top administrator in SA healthcare, scooping the prestigious Diamond Arrow Award (highest rated) in the 9th Annual Professional Management Review (PMR) Africa National Healthcare Administrators’ survey. The PMR Awards celebrate excellence in South African business and are based on the results achieved in annual research surveys across a range of [...]
Tag Archives | Medical aid
SA companies at huge risk by advising staff on medical schemes
A number of South African companies are unknowingly exposing themselves to serious financial risk by contravening the Financial Advisory and Intermediary Services (FAIS) Act by providing advice to employees on their medical scheme options. According to Clayton Samsodien, Managing Director of Genesis Capital’s health care subsidiary – Genesis Healthcare Consultants – many organisations are unaware [...]
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PMB ruling in favour of CMS
The prescribed minimum benefits (PMBs) which protect members of medical schemes remain in place, say the Council for Medical Schemes in the press release below. And the law which prescribes them stands. The North Gauteng High Court handed down the ruling earlier today (7 November 2011). The ruling came as a result of the Board [...]
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Third of South Africans on the wrong medical scheme
A third of South Africans are either on the wrong medical scheme to suit their needs or do not properly understand how their scheme works, with the result that their medical savings are often depleted before the end of the year, potentially leaving them exposed to hefty medical bills. Clayton Samsodien, Managing Director of Genesis [...]
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NHI proposal welcomed but further clarity needed
National Health Insurance (NHI) contributions will be mandatory for all those earning above a certain threshold, according to the government’s recently released Green Paper on the scheme. However, one of the main concerns of the healthcare industry is that the document still lacks clarity on certain key issues such as the earnings threshold, the level [...]
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Fedhealth applauds realsitic NHI plan
Commenting on the release of Government’s Green paper on the roll out of the proposed National Health Insurance plan, Katy Caldis, CEO and Principal Officer of Fedhealth says she welcomes the Health Ministers realistic interpretation and understanding of the issues and challenges which need to be addressed in the overall South African healthcare sector. “We [...]
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Fedhealth poised for growth
Addressing members yesterday (29 June 2011) at the 75th AGM of Fedhealth, the fourth largest scheme in the South Africa, Fedhealth Chairman Johann van Vuuren (pictured) said 2010 had been one of the scheme’s most successful years yet. Fedhealth recorded a net surplus of R157 million for 2010, increasing from R37 million in 2009. [...]
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Liberty Medical Scheme maintains stability
Liberty Medical Scheme (LMS) consolidated its position as one of the top schemes in the country during the 2010 financial year, the Scheme revealed at its Annual General Meeting. According to LMS’s Executive Principal Officer, Andrew Edwards, the Scheme has showed strong resilience in a relatively adverse market environment as 2010 was a challenging [...]
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China Study author for SA International Health Conference
Respected nutritionist, health researcher and author of the critically acclaimed book The China Study, Dr Colin Campbell, will be one of the key note speakers at the first Fedhealth International Natural Health Conference ever to be held in South Africa in January 2011. Campbell is a Professor Emeritus at Cornell University and one of the [...]
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Tax Guide 2012
Latest Issue - 30 April 2012
In This Issue:
- Local and offshore ETFs
- Why stock selection is key
- Medical Survey - the cost of healthcare
- New player in life insurance market
Newsletters
Newsletter 17 May 2012: Lump sum versus debit order, 3 essentials for a confident investor
In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
