CMS releases guidelines on medical scheme increases for 2024
Members must be protected from further financial distress and the risk of losing their health insurance, the regular says.
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Limit 2023 contribution increases to 5.7%, says Council for Medical Schemes
The Council for Medical Schemes (CMS) has recommended that contribution increases for 2023 should be limited to 5.7%, in line with the South African Reserve Bank’s projected average inflation rate for next year. […]
Prepare for two massive repo rate hikes, says commercial bank
The South African Reserve Bank (SARB) will hike the repo rate by 75 basis points in both July and September – well above the consensus expectation, according to international banking group BNP Paribas. […]
