People’s expenses change in retirement. Shouldn’t their income too?

Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.

Another setback for CMS in legal battle over LCBO documents

The signing of the NHI Act does not mean the BHF is letting up in its fight for regulations on low-cost benefit options.

CMS invites BHF to collaborate, criticises ‘forum-shopping’ tactics

The BHF’s canvassing of key policy issues in the public domain via a ‘deliberately leaked’ lawyer’s letter indicates the organisation ‘has run out of creative ideas’.

Council mulls outsourcing appeal adjudication amid BHF accusations

The CMS asserts that medical schemes have frequently disregarded the existing appeals procedures, exploiting them to the detriment of members’ interests.

CMS denies it is sabotaging medical schemes to boost NHI

The regulator comes out swinging in its response to the Board of Healthcare Funders’ claims of bullying and curatorship abuse.

CMS seeks reconsideration after court dismisses appeal on LCBO documents

The Supreme Court of Appeal’s dismissal of the Council for Medical Schemes’ appeal against providing documents to the Board of Healthcare Funders on low-cost benefit options marks the latest development in the ongoing legal dispute.

Medical schemes regulator flags ‘extravagant’ AGM expenses

Council for Medical Schemes urges investigation into ‘worrisome’ AGM costs as new research report reveals disparities within the medical scheme landscape.

Teething problems for NHI in South Africa

An article in Businesstech quotes the Free Market Foundation as saying that South Africa will need to make serious tax changes to be able to afford its proposed National Health Insurance (NHI). Funding […]

CMS clarifies selection of Designated Service Providers and excessive co-payments

As a result of a high volume of queries following the recent publication of the Government Gazette Notice on the future of Designated Service Providers (DSPs) and co-payments, the Council for Medical Schemes […]

CMS clarifies selection of Designated Service Providers and excessive co-payments

Regulator intends to boost patients’ right to choose own pharmacy

Earlier in April the Council for Medical Schemes’ (CMS) Council indicated that its to publish a Government Gazette in terms of section 61 of the Medical Schemes Act (131 of 1998) after extensive […]

Regulator intends to boost patients’ right to choose own pharmacy

Healthcare Broker Accreditation – CMS provides clarity about qualification requirements

The Financial Sector Conduct Authority (Authority) has recently received numerous queries and complaints from compliance officers, FSPs and medical scheme brokers indicating that the Council for Medical Schemes (CMS) refused to renew the […]

Non-compliance leads to curatorship for KeyHealth

In 2020, the KeyHealth Medical Scheme was placed under provisional curatorship as a result of certain corporate governance irregularities. “The journey of restoring governance at KeyHealth Medical Scheme continues,” according to the Council […]

Industry update on requirements for insurers conducting the business of a medical scheme

The Council for Medical Schemes has released Circular 22 of 2021 that relates to revised exemption conditions to Circular 56 of 2020 which was published following the outcome of the renewal exemption applications […]

CMS releases results of COVID-19 Vaccines Survey on people’s attitudes

The public’s response and attitude to vaccination against the various strains of the Covid virus is a hot discussion topic, and fertile ground for conspiracy theories. The Council for Medical Schemes (CMS) conducted […]