how to choose a medical scheme Craig Torr Crue Consulting
|
|
|
- Vanessa Barrett
- 5 years ago
- Views:
Transcription
1 how to choose a medical scheme Craig Torr Crue Consulting
2 agenda overview of industry and role-players aims and impact of Medical Schemes Act 10 questions to ask when choosing a medical scheme choosing the right plan option
3 basic misunderstandings of how the system works
4 environment & role-players Minister of Health Council for Medical Schemes Board of Healthcare Funders (BHF) Registrar of Medical Schemes Board of Trustees
5 Medical Schemes Act 1998
6 Medical Schemes Act 1998
7 medical scheme membership over last 10 years 2% increase in membership source: Council for Medical Schemes Annual Report 2005/2006
8 Medical Schemes Act 1998
9 solvency trends since 2000 for open schemes Industry average for open schemes Prescribed solvency level source: Council for Medical Schemes Annual Report 2005/2006
10 Medical Schemes Act 1998
11 medical scheme contribution increases Medical inflation CPIX contribution changes against CPIX source: Council for Medical Schemes Annual Report 2005/2006
12 trend expected to continue The apparent deterioration in industry claiming patterns could continue to place pressure on industry operating performance in absence of appropriate controls. source: GCR Global Insights March 2007
13 so many choices
14 let s have a look at how to choose the most appropriate medical scheme for your needs
15 1. what is the scheme s solvency level? does it meet the legislated requirements? of not, why not? how will it get there? what about the unintended consequences?
16 why it is difficult for a growing scheme to maintain its reserve requirements?
17 why it is difficult for a growing scheme to maintain its reserve requirements? 1 January new principal members 10% contribution increase
18 2. has the scheme lost or gained a significant amount of members in the last 12 months? has the loss or gain been organic? was the loss or gain been as a result of a merger?
19
20 3. does the scheme have critical mass?
21 consolidation to larger schemes continues 2001 Other 24% Discovery Health 23% Next 15 largest schemes 53% 2007 Other 11% Discovery Health Next 15 largest schemes 49% 40% source: Discovery Health
22 number of registered medical schemes note: Includes both open and restricted medical schemes
23 4. have the scheme increases been above average?
24 the drivers of medical scheme premium increases
25 5. what proportion of your premium is spent on non-healthcare expenses?
26 where do medical aid contributions go?
27 where do medical aid contributions go? This equals 14.7% of total contributions
28 where do medical aid contributions go? increase Total R26bn R51.3bn 97% Hospital R7.7bn R18bn 134% Specialists R2.5bn R4.4bn 76% GPs R4.9bn R11bn 124% Dentistry R1.8bn R2.2bn 22% Allied Health R2.2bn R4.5bn 104% Medicines R5.3bn R8.7bn 64% Other R1.6bn R2.5bn 56%
29 trends in total benefits paid Private hospitals Specialists source: Council for Medical Schemes Annual Report 2005/2006
30 tackling hospital costs
31 6. what is the scheme s credit rating? the credit rating is a measure of the scheme s financial ability to pay claims
32 7. is the scheme running at an operating profit?
33
34 8. what is the impact of GEMS on the medical scheme?
35 GEMS member withdrawal remains a threat to larger schemes source: Discovery Health
36 the GEMS effect: reduced viability & increased consolidation Current membership (including govt. employees) Post Gems (excluding govt. employees from open schemes) Membership (thousands) Discovery* Bonitas Medihelp Medshield Spectramed Fedhealth Momentum Oxygen Sizwe Medicover Liberty Resolution Hosmed Prosano Bestmed GEMS** source: Discovery Health
37 9. does the medical scheme have a meaningful wellness programme?
38
39 10. what will the impact of planned regulatory changes be on the medical scheme? has the scheme planned for the impact of REF? is the scheme positioned to manage the impact of Circular 8?
40 competition commission ruling has resulted in administration complexity and cost volatility
41 in summary
42 choosing the best plan for your needs 2 questions
43 what do I need? 100% - 300% of NHRPL
44 what do I need?
45 what do I need?
46 let s look at an example
47
48 holistic financial planning Healthcare Critical Illness Disability Death Savings & Retirement Planning Wills & Estate Planning
49 thank you Craig Torr Crue Consulting
GLOBAL CREDIT RATING CO: SA MEDICAL SCHEMES RATINGS BULLETIN
GLOBAL CREDIT RATING CO: SA MEDICAL SCHEMES RATINGS BULLETIN Global Credits Rating Co (GCR) recently published their annual summary of their ratings done on selected schemes. This communiqué contains a
PREPARED FOR THE BENEFIT OF HEALTHMAN CLIENTS
AN OVERVIEW OF THE COUNCIL FOR MEDICAL SCHEMES ANNUAL REPORT FOR 2013/14 PREPARED FOR THE BENEFIT OF HEALTHMAN CLIENTS 1. INTRODUCTION The Council for Medical Schemes (CMS) recently released its annual
2013 Annual General Meeting. Adv Michael van der Nest Chairman of the Board of Trustees
2013 Annual General Meeting Adv Michael van der Nest Chairman of the Board of Trustees Agenda 1. Welcome and quorum 2. Minutes of the 2012 Annual General Meeting - for approval 3. 2012 Annual Financial
PRIVATE PRACTICE REVIEW - JANUARY MEDICAL SCHEME TARIFFS
Unit 16, NorthcliffOffice Park, 203 BeyersNaude Drive Northcliff, Johannesburg, 2115, South Africa Tel: (+27)(11) 340 9000, Fax: (+27)(11) 782 0270 Email: healthman@healthman.co.za PO Box 2127, Cresta,
DIAGNOSIS 2017/2018. Analysing the key trends in the medical schemes industry from 2000 to 2016
DIAGNOSIS 2017/2018 Analysing the key trends in the medical schemes industry from 2000 to 2016 Alexander Forbes Health Technical and Actuarial Consulting Solutions HEALTH ALEXANDER FORBES HEALTH INTRODUCTION
CIRCULAR 38 OF APPROVAL OF BENEFIT OPTIONS FOR OPEN SCHEMES (2010)
CIRCULAR 38 OF 2009 - APPROVAL OF BENEFIT OPTIONS FOR OPEN SCHEMES (2010) Scheme Name Benefit Option Name Decision Made Bases for the decision BESTMED MEDICAL SCHEME BLUE PRINT BONUS PLUS MILLENNIUM BASIC
Circular xx of 2015: Medical Scheme benefit options for open schemes approved for 2016
Circular xx of 2015: Medical Scheme benefit options for open schemes approved for 2016 1. The Council for Medical Schemes (CMS) would like to share the status of benefit options in open schemes for the
REPORT ON ANALYSIS OF MEDICAL SCHEMES CLAIMS DATA: A FOCUS ON FUNDERS VERSION: 15 DECEMBER 2017
REPORT ON ANALYSIS OF MEDICAL SCHEMES CLAIMS DATA: A FOCUS ON FUNDERS VERSION: 15 DECEMBER 2017 DISCLAIMER The Competition Commission Health Market Inquiry (HMI), through an open tender, appointed Willis
CIRCULAR 46 OF APPROVAL OF BENEFIT OPTIONS FOR OPEN SCHEMES (2012)
CIRCULAR 46 OF 2011 - APPROVAL OF BENEFIT OPTIONS FOR OPEN SCHEMES (2012) BESTMED MEDICAL SCHEME Scheme Name Benefit Option Name Decision Made Bases for the decision PULSE 1 (WAS BLUE PRINT ) PULSE 2 (WAS
The GTC Medical Aid Survey. Benefit and cost comparisons
The GTC Medical Aid Survey Benefit and cost comparisons - 2015 formerly Grant Thornton Capital Let our 40 years of accredited experience in healthcare consulting guide you to a healthy future Our professional
A decade of being there for you. Council for Medical Schemes
1 0 A decade of being there for you Council for Medical Schemes Annual Report 2009-2010 Celebrating a decade A tenth anniversary, sometimes referred to as the decennial anniversary, is a psychological
Circular 56 of 2018: Medical Scheme benefit options for open schemes approved with effect from 01 January 2019
CIRCULAR Reference: Benefit options status for open schemes 2019 Contact person: Lindiwe Twala Tel: (012) 431 0531 Fax: 086 242 3622 E-mail: l.twala@medicalschemes.com Date: 21 November 2018 Circular 56
The GTC Medical Aid Survey
The GTC Medical Aid Survey Benefit and cost comparisons - 2016 Index Foreword 2 Introduction to GTC 3 About the author 4 Executive summary 5 GTC Medical Aid Survey (MAS) 8 History 8 Council for Medical
MARKET DEFINITION FOR FINANCING OF HEALTHCARE. 18 November 2016
MARKET DEFINITION FOR FINANCING OF HEALTHCARE 18 November 2016 CONTENTS CONTENTS... ii ABBREVIATIONS... iii INTRODUCTION... 1 MEDICAL SCHEMES... 2 Product market... 2 Key provisions of the Medical Scheme
discoverer Quality\Cost Enhanced Oncology Benefit Delta plan range Critical hospital care hospital care Planned
Critical hospital care Planned hospital care Chronic Illness Day-to-day medical care Screening and prevention discoverer s financial adviser publication Healthy equilibrium Managing the increasingly complex
QUARTERLY REPORTS. for the period ended 30 September 2006
QUARTERLY REPORTS for the period ended 30 September 2006 Contents Annexure Page 1. Introduction 3 2. Regulation 29 Minimum Accumulated Funds A 7 3. Solvency Ratio Graph B 8 4. Prescribed Solvency Levels
EFFICIENCY DISCOUNTED OPTIONS VALUE PROPOSITION. Mondi Govuzela 06 July 2017
EFFICIENCY DISCOUNTED OPTIONS VALUE PROPOSITION Mondi Govuzela 06 July 2017 Outline Context Section 29(1)(n) Silo-type benefit option framework What are EDOs? EDO Framework EDO construct demonstration
Circular 68 of 2014: Medical Scheme benefit options for open and restricted schemes approved for 2015
Circular 68 of 2014: Medical Scheme benefit options for open and restricted schemes approved for 2015 1. The Council for Medical Schemes (CMS) would like to share the status of benefit options in open
I (E)nsuring Access to Healthcare
I (E)nsuring Access to Healthcare Lusani Mulaudzi, FASSA Strategy Consultant Grassroots Impact Solutions President Elect Actuarial Society of South Africa Lusani.Mulaudzi@gmail.com The South African Journey
Opportunities and Challenges for Public sector Medical Insurance Schemes in a Private Sector Ms B Mfenyana 06 October 2016 Second colloquium
Opportunities and Challenges for Public sector Medical Insurance Schemes in a Private Sector Ms B Mfenyana 06 October 2016 Second colloquium Contents Purpose GEMS Background Mandate, Mission, Vision, and
YOUR PARTNER IN MEDICAL PRACTICE MANAGEMENT
AECI AECI BASIC CARE CROSS SCHEME RATE x 100% 5.30% SERVICE PROVIDER MEDSCHEME AECI COMPREHENSIVE PLAN SCHEME RATE x 100% ALLIANCE MIDMED Check MIDMED ANGLOMEDICAL SCHEME (AACMED) 5.00% MEMBER DISCOVERY
Circular 78 of 2017: Medical Scheme benefit options for open & restricted schemes approved with effect from 01 January 2018
CIRCULAR Reference: Benefit option status for open and restricted schemes for 2018 Contact person: Lindiwe Twala Tel: (012) 431 0531 Fax: 086 242 3622 E-mail: l.twala@medicalschemes.com Date: 19 December
Circular 65 of 2018: Medical Scheme benefit options for open & restricted schemes approved with effect from 01 January 2019
CIRCULAR Reference: Benefit options status for open and restricted schemes 2019 Contact person: Lindiwe Twala Tel: (012) 431 0531 Fax: 086 242 3622 E-mail: l.twala@medicalschemes.com Date: 19 December
COUNCIL FOR MEDICAL SCHEMES ANNUAL REPORT
COUNCIL FOR MEDICAL SCHEMES ANNUAL REPORT 2003-4 COUNCIL FOR MEDICAL SCHEMES COUNCIL FOR MEDICAL SCHEMES STRATEGIC OBJECTIVES Secure an appropriate level of protection for beneficiaries of medical schemes
CIRCULAR 23 OF 2015: EVALUATION OF COST INCREASE ASSUMPTIONS BY MEDICAL SCHEMES FOR 2015 FINANCIAL YEAR
CIRCULAR Reference: Evaluation of contribution increase assumptions for 2015 Contact person: Kgotsofatso Phaswana Tel: 012 431 0407 Fax: 012 431 0642 E-mail: k.phaswana@medicalschemes.com Date: 25 March
Health Savings Accounts: An Employer Overview
Health Savings Accounts: An Employer Overview Since salary alone is often not enough to attract and retain valued employees, what can your business do to enhance its employee benefits package? Table of
INCENTIVISING HEALTHY BEHAVIOUR
INCENTIVISING HEALTHY BEHAVIOUR Presenting to: IPPR Date: 4 May 2006 Shaun Matisonn CEO, PruHealth OVERVIEW 1. Public Health Background 2. Improving Health 3. The PruHealth Approach 4. PruHealth Evidence
Health Savings Accounts: Innovative Health Care Financing
Health Savings Accounts: Innovative Health Care Financing Would you be interested in a health insurance program that puts you in control of your own health care dollars, while protecting you and your family
Trustee Remuneration Details 2015/2016
Trustee Remuneration Details 2015/2016 Recommendation of the Board of Trustees to the Annual General Meeting 2015 (including Annexure A Recommendation by the Remuneration Committee) Page 1 of 6 Proposed
Guideline for the preparation of a business plan pursuant to an application for the registration of a new/restructured benefit option(s) as per
Guideline for the preparation of a business plan pursuant to an application for the registration of a new/restructured benefit option(s) as per Section 33 of the Medical Schemes Act 131 of 1998, as amended.
Ensure we have your updated details
Frequently Asked Questions May 2010 You may be exposed to many new processes during the transition in administration from Metropolitan Health to Discovery Health. We have put this document together to
Medical aid patients
Praktice Billing Policy Out-of-hospital Consultations July 1, 2018 Medical aid patients 1. Medical aid patients belonging to a contracted medical aid and without the need for a GP referral or authorization
Understanding how legislative provisions impact on Medical Schemes, their plan design, benefits to members and financial stability
Understanding how legislative provisions impact on Medical Schemes, their plan design, benefits to members and financial stability Introduction Provision of medical benefit funding has become the most
REPORT ON ANALYSIS OF MEDICAL SCHEMES CLAIMS DATA- A FOCUS ON PRESCRIBED MINIMUM BENEFITS 8 DECEMBER 2017
REPORT ON ANALYSIS OF MEDICAL SCHEMES CLAIMS DATA- A FOCUS ON PRESCRIBED MINIMUM BENEFITS 8 DECEMBER 2017 DISCLAIMER The Competition Commission Health Market Inquiry (HMI), through an open tender, appointed
Presentation to the Portfolio Committee on Health Dr Jonathan Broomberg Dr Penny Tlhabi Discovery Health 2 June 2010
Presentation to the Portfolio Committee on Health Dr Jonathan Broomberg Dr Penny Tlhabi Discovery Health 2 June 2010 Agenda 1 Introduction to the private healthcare funding environment 2 Key issues, challenges
looks after you in an emergency
3rd Edition Newsletter 2013 TFG Medical Aid Scheme looks after you in an emergency You have access to Discovery 911, a service that provides trained paramedics in response vehicles that will help you in
NHRPL 2006 ANNEXURE C 1. INTRODUCTION
Unit 16, Northcliff Office Park, 203 Beyers Naude Drive Northcliff, Johannesburg, 2115, South Africa Tel: (+27)(11) 340 9000, Fax: (+27)(11) 782 0270 Email: healthman@healthman.co.za PO Box 2127, Cresta,
Anglovaal Group Medical Scheme
Anglovaal Group Medical Scheme Benefit Brochure 2018 Your Scheme The Anglovaal Group Medical Scheme is a registered medical scheme under the Medical Schemes Act 1998. The Scheme is a restricted access
EVERYTHING IS ONLINE. Newsletter Medical Benefit Fund
Medical Benefit Fund Newsletter 2018 EVERYTHING IS ONLINE Because it s safe and convenient, we send emails, connect with people through social media, work and even bank online. To make your life easier,
Disclosure notice in terms of the Financial Advisory & Intermediary Services Act, 2002 (Act No. 37 OF 2002) FAIS
I S C L O S U R E D N O T G R O U P I C E I C S I S T T H E W H O L the wholistics planning group smart solutions page 1 of 6 Disclosure notice in terms of the Financial Advisory & Intermediary Services
Comprehensive. Extensive in-hospital and out-of-hospital cover with wide-ranging day-to-day cover. With LA Comprehensive as a Benefit Option you get:
Comprehensive Extensive in-hospital and out-of-hospital cover with wide-ranging day-to-day cover. With LA Comprehensive as a Benefit Option you get: Unlimited private hospital cover Cover for Chronic Illness
Saver Series. The most cost-effective in-hospital and out-of-hospital cover. Unlimited private hospital cover. Essential cover for chronic medicine
Saver Series Classic Classic Delta Essential Essential Delta Coastal The most cost-effective in-hospital and out-of-hospital cover Unlimited private hospital cover Essential cover for chronic medicine
Your cover for day-to-day medical expenses
Your cover for day-to-day medical expenses We pay day-to-day medical expenses like GP visits, radiology and pathology from your Medical Savings Account, as long as you have money available. If you run
PRODUCT SUMMARY FOR PREFERREDCARE PLUS POLICY - (Enhanced Group Hospital & Surgical Insurance)
PRODUCT SUMMARY FOR PREFERREDCARE PLUS POLICY - (Enhanced Group Hospital & Surgical Insurance) SINGAPORE UNIVERSIY OF SOCIAL SCIENCES POLICY NO. 3043158 PRODUCT INFORMATION Welcome to AVIVA Managed Care
Chronic Medicine Benefits in Medical Schemes
The Centre for Actuarial Research (CARE) A Research Unit of the University of Cape Town Chronic Medicine Benefits in Medical Schemes An Analysis of Benefit Designs in 2001 and Changes Since the Introduction
NHS Dumfries and Galloway Equal Pay Statement 2013
NHS Dumfries and Galloway Equal Pay Statement 2013 This statement has been agreed in partnership and will be reviewed on a regular basis by the NHS Dumfries and Galloway Area Partnership Forum and the
financial planning from the cradle to the grave
financial planning from the cradle to the grave Craig Torr It s about your life not the money Financial planning is about creating a great life, and not a good living. Stages of life 25-34 The lean years:
POTENTIAL AMALGAMATION: LIBERTY MEDICAL SCHEME AND BONITAS MEDICAL FUND
LIBERTY MEDICAL SCHEME Cnr Rivonia & 5 th Street, 8 th Floor Office Tower, Sandton City t 27 11 669 7818 w www.libmed.co.za Trustees: Mr O Pretorius (Chairman), Mr J Bagg (Vice-Chairman), Dr P Hill, Ms
ANNUAL REPORT 2016/2017 HEALTH MATTERS
ANNUAL REPORT 2016/2017 HEALTH MATTERS COUNCIL FOR MEDICAL SCHEMES ANNUAL REPORT 2016/2017 Council for Medical Schemes Private Bag X34 Hatfield 0028 Tel 012 431 0500 Fax 0862 068 260 Email information@medicalschemes.com
INTEGRATED REPORT 2017
FOR OUR MEMBERS INTEGRATED REPORT 2017 INTEGRATED REPORT 2017 Discovery Health Medical Scheme s Integrated Report is designed to cater for various readers by grouping information in a logical way according
Anglovaal Group Medical Scheme
Anglovaal Group Medical Scheme Benefit Brochure 2019 Your Scheme The Anglovaal Group Medical Scheme is a registered medical scheme under the Medical Schemes Act 1998. The Scheme is a restricted access
MAKING HEALTH INSURANCE MARKETS WORK FOR THE POOR IN SOUTH AFRICA
MAKING HEALTH INSURANCE MARKETS WORK FOR THE POOR IN SOUTH AFRICA Jeremy Leach Roseanne da Silva IAAHS 2007 IAA Health Section Colloquium 13 th 16 th May 2007 CTICC www.iaahs2007.com FinMark Trust Independent
CHOOSING A PRODUCT ACCORDING TO YOUR LIFESTYLE NEEDS:
Feel confident that someone is always on your side. 2014 CHOOSING A PRODUCT ACCORDING TO YOUR LIFESTYLE NEEDS: I need quality care where I control my benefits Bonitas offers you unlimited hospitalisation
CIRCULAR 4 OF 2013: EVALUATION OF COST INCREASE ASSUMPTIONS BY MEDICAL SCHEMES FOR 2013 FINANCIAL YEAR
CIRCULAR Reference : Evaluation of contribution increase assumptions for 2013 Contact : Nondumiso Khumalo Telephone : 012 431-0514 Facsimilee : 012 431 0612 E-mail : n.khumalo@medicalschemes.com Date :
CONCISE ANNUAL REPORT 2016 ABN
CONCISE ANNUAL REPORT ABN 24 004 196 909 CONTENTS Chairman s Letter 2 CEO Report 4 Financial Highlights 6 Financial History 7 Directors Report 10 Corporate Governance Statement 46 Concise Financial Report
SUMMARY OF MEDICAL SCHEME PROVIDER NETWORKS FOR GENERAL PRACTITIONERS 2014
SUMMARY OF MEDICAL SCHEME PROVIDER NETWORKS FOR GENERAL PRACTITIONERS 2014 1. AECI GP NETWORK TARIFF EFFECTIVE 1 JANUARY 2014 - MEDSCHEME 0190-0192 R 286.50 The AECI GP network model for 2014 also includes
Why gap cover from Discovery?
2019 GAP COVER GAP COVER 2019 Why gap cover from Discovery? 01 In- and 02 03 Extended cover for Comprehensive out-of-hospital cover scopes and scans cover for cancer Discovery Gap Cover gives you rich
SALGA REFERENCE GUIDE. Feel confident that someone is always on your side.
2014 SALGA REFERENCE GUIDE Feel confident that someone is always on your side. CHOOSING A PRODUCT ACCORDING TO YOUR LIFESTYLE NEEDS: I need quality care where I control my benefits Bonitas offers you
Welcome and introduction Industry Drivers Scheme strategy Benefit Changes for 2009 Product summary Managed Care Initiatives.
Member Training Welcome and introduction Industry Drivers Scheme strategy Benefit Changes for 2009 Product summary Managed Care Initiatives Agenda Industry Drivers Legislation Medical Schemes Amendment
Healthcare regulatory reform where to?
Healthcare regulatory reform where to? Christoff Raath Health Monitor Co Agenda slides look like this 1. A brief history 2. Where are we now? 3. Future scenarios 4. Role of the Profession 2 The need for
Guideline for the preparation of a business plan pursuant to an application for the registration of a new/restructured benefit option(s) as per
Guideline for the preparation of a business plan pursuant to an application for the registration (s) as per Section 33 of the Medical Schemes Act 131 of 1998, as amended February 2012 Guideline for the
REPORT OF THE REGISTRAR OF MEDICAL SCHEMES
REPORT OF THE REGISTRAR OF MEDICAL SCHEMES 1998 REPORT OF THE REGISTRAR OF MEDICAL SCHEMES 1998 ADDRESSES Physical Address: 1267 Pretorius Street Hadefields Block E Hatfield Pretoria Postal Address: Private
Engineering Industries Pension Fund Conversion to a Defined Contribution Fund
Engineering Industries Pension Fund Conversion to a Defined Contribution Fund Page 1 Index 1. Introduction Page 3 2. Rationale for conversion to defined contribution principles Page 3 3. Basis of conversion
FOCUS NOTE: Financing Life, or Financing Death? The Low Level of Health Spending in Poor Households
See www.financialdiaries.com for more details Investigating the Financial Lives Of the Poor FOCUS NOTE: Financing Life, or Financing Death? The Low Level of Health Spending in Poor Households Key Findings:
SEE THE SIGNS. Manage your mental health HEALTH HEALTH. Mind the gap. Dear client. An update on what additional benefits your gap cover will pay for.
SEE THE SIGNS Manage your mental health Dear client We hope that you re feeling well in spite of the cold weather we ve been experiencing. Mind the gap An update on what additional benefits your gap cover
Summary of changes 2018
Summary of changes 2018 This document outlines the 2018 changes to Momentum Health s benefits per option. Ingwe Option The overall annual limit will be increased to R1 260 000 per family. Annual sub-limits
What s on the Menu? DR JOHN JUTZEN SAPA Legislative History on Health Policy. Our Disease Burden. Can the State Deliver NHI?
What s on the Menu? Legislative History on Health Policy DR JOHN JUTZEN SAPA 2017 Our Disease Burden Can the State Deliver NHI? Existing Private Sector & Options for the Future What is the impact on companies
DISCLOSURE NOTICE IN TERMS OF THE FINANCIAL ADVISORY & INTERMEDIARY SERVICES ACT, 2002 (ACT NO. 37 OF 2002) FAIS
DISCLOSURE NOTICE IN TERMS OF THE FINANCIAL ADVISORY & INTERMEDIARY SERVICES ACT, 2002 (ACT NO. 37 OF 2002) FAIS The Wholistics Planning Group (Pty) Ltd, FSP No. 6741 Ethix Advisory Services (Pty) Ltd,
Date: 21 August 2018 Report Title: Finance monitoring report ( ) to 30 June 2018 Reference Number: Board Paper 2018/19/30
Agenda Item 10 Meeting: Shetland NHS Board Date: 21 August 2018 Report Title: Finance monitoring report (2018-19) to 30 June 2018 Reference Number: Board Paper 2018/19/30 Author / Job Title: Colin Marsland,
Contribution inflation in Medical Schemes
Contribution inflation in Medical Schemes 10 August 2016 by Charlton Murove 10 August 2016 1 Overview I. Inflation & medical inflation as measure by Statistics South Africa (Stats SA) II. Contribution
Discovery Health Note to Investors on recent regulatory developments
23 July 2018 Discovery Health Note to Investors on recent regulatory developments Universal health coverage Discovery Health continues to support the objectives of transforming the national health system
Trends in Medical Schemes Contributions, Membership and Benefits
COUNCIL FOR MEDICAL SCHEMES Number 2 of 2008 Prepared by the Office of the Registrar of Medical Schemes Trends in Medical Schemes Contributions, Membership and Benefits 2002 2006 May 2008 COUNCIL FOR MEDICAL
Priority Series PRIORITY SERIES PLAN SUMMARY CLASSIC ESSENTIAL
Priority Series 2014 PRIORITY SERIES PLAN SUMMARY 2014 CLASSIC ESSENTIAL KEY FEATURES Classic Essential Unlimited cover in any private hospital Guaranteed full cover in hospital for specialists on a payment
STANLIB Classic Preservation Pension Plan Terms and Conditions
STANLIB Classic Preservation Pension Plan Terms and Conditions Saving for your retirement is vital. The Classic Preservation Pension Plan allows you to save the money you receive from an employer pension
Wealth Management Consultant
Wealth Management Consultant Value Proposition Leading Expert Financial Advisors in Personal and Business Financial Planning Solutions. THE ROCKFIN COMPANY HISTORY Rockfin Wealth Management is a registered
New Year Newsletter 2015
Unit 16, rthcliff Office Park, 203 Beyers Naude Drive rthcliff, Johannesburg, 2115, South Africa Tel: (+27)(11) 340 9000, Fax: (+27)(11) 782 0270 Email: healthman@healthman.co.za PO Box 2127, Cresta, Johannesburg,
Engineering Industries Pension Fund Conversion to a Defined Contribution Fund
Engineering Industries Pension Fund Conversion to a Defined Contribution Fund Page 1 Index 1. Introduction Page 3 2. Rationale for conversion to defined contribution principles Page 3 3. Basis of conversion
IOPS Toolkit for Risk-Based Pensions Supervision Kenya
Risk-based Pensions Supervision provides a structured approach focusing on identifying potential risks faced by pension funds and assessing the financial and operational factors in place to mitigate those
Revealing Financial Risk. Solution to help improve financial strength Viability Data and Evaluation: Sample Report (1,000 lives)*
EMPLOYER Revealing Financial Risk Solution to help improve financial strength Viability Data and Evaluation: Sample Report (1,000 lives)* *Subject to change. TABLE OF CONTENTS Today s reality@work... 1
Staff Care Solutions. Quality, affordable healthcare solutions for the low-income market
Staff Care Solutions Quality, affordable healthcare solutions for the low-income market Why the need for low-income healthcare solutions? Access to healthcare is an integral component to an employee s
Whole of life disability Customer friendly design or an actuary's worst pricing nightmare?
Whole of life disability Customer friendly design or an actuary's worst pricing nightmare? Nicholas van der Nest Liberty Group Agenda The South African individual risk market Income Protection ti in South
MEDICAL AID COVER GUIDE 2017
MEDICAL AID COVER GUIDE 2017 Visa Regulations for study in South Africa All international students taking up studies in South Africa must comply with the Visa Regulations in the Immigration Act (Act No.
Evaluation of cost increase assumptions by medical schemes for the 2012 financial year
CIRCULAR 54 of 2011 Reference : Evaluation of contribution increase assumptions for 2012 Contact : Nondumiso Khumalo Telephone : (012) 431 0514 Facsimile : (012) 431 0612 E-mail : n.khumalo@medicalschemes.com
Important: No claim will be paid if the required document was not submitted. Name and Surname of employee:...
NOTIFICATION OF MARRIAGE Return to: HRSSPayrollDocumentation@sanlam.co.za IMPORTANT: The completed form must reach HR Support Services (HRSS) within 3 MONTHS of the date of marriage. If the form is not
STANLIB Classic Retirement Annuity Fund Terms and Conditions
STANLIB Classic Retirement Annuity Fund Terms and Conditions The Classic Retirement Annuity Fund is ideal if you want to save for your retirement. You need flexibility when it comes to making a contribution
Executive Plan. Extensive cover for in-hospital and day-to-day benefits. Unlimited hospital cover in any private hospital and private ward cover
Executive Plan Extensive cover for in-hospital and day-to-day benefits Unlimited hospital cover in any private hospital and private ward cover The most extensive cover for chronic medicine, including full
REASONS WHY THE LA KEYPLUS OPTION IS THE BEST CHOICE FOR YOU
KEYPLUS BENEFIT OPTION 2017 REASONS WHY THE LA KEYPLUS OPTION IS THE BEST CHOICE FOR YOU This LA KeyPlus Option provides hospital cover, Prescribed Minimum Benefit Chronic Disease List cover and day-to-day
Individual Insurance
Health Insurance Health Insurance against loss by illness or bodily injury. Health Insurance provides coverage for medicine, visits to the doctor or emergency room, hospital stays and other medical expenses.
GUIDANCE ON THE DESTRUCTION OF CONTROLLED DRUGS - NEW ROLE FOR ACCOUNTABLE OFFICERS
GUIDANCE ON THE DESTRUCTION OF CONTROLLED DRUGS - NEW ROLE FOR ACCOUNTABLE OFFICERS Authorising people to witness the destruction of controlled drugs Guidance on the destruction of controlled drugs new
1. BENEFICIARIES 2. MEMBERSHIP
RULES, REGULATIONS, CONTRIBUTIONS AND BENEFITS OF THE FURNMED SICK BENEFIT SOCIETY hereinafter referred to as ( The Society or The Furnmed Sick Benefit Society ) 1. BENEFICIARIES A member in good standing
Guideline for the preparation of a business plan pursuant to an application for an amalgamation of medical schemes as per Section 63 of the Medical
as per Section 63 of the Medical Schemes Act 131 of 1998, as amended. September 2009 1. INTRODUCTION... 3 2. BUSINESS PLAN FORMAT... 4 2.1 EXECUTIVE SUMMARY... 4 2.1.1 Objective... 4 2.2 MEDICAL SCHEME
Helping you make an informed decision
Helping you make an informed decision Financial products, such as life insurance and investment policies, are designed to give you financial security. There are many products out there and the choice can
Utilisation of medical services
07 March 2016 Research and Monitoring Unit 1 Table of Contents Table of Contents... 2 List of tables... 3 List of figures... 3 1. Background... 4 2. Introduction... 4 3. Summary of Data used in the analysis...
UCT - MEDICAL AID COVER GUIDE 2018
UCT - MEDICAL AID COVER GUIDE 2018 Visa Regulations for study in South Africa All international students taking up studies in South Africa must comply with the Visa Regulations in the Immigration Act (Act
Legal Aid South Africa Attention: Bestmed Medical Fund Member
Legal Aid South Africa Attention: Bestmed Medical Fund Member Dear Bestmed Member, renewal is the one time of the year where you are given the choice to change your medical aid option. It is a change that
Universal and Equal Access to Health-care Services. Štefan Krajčík Slovak Medical University Bratislava, Slovakia
Universal and Equal Access to Health-care Services Štefan Krajčík Slovak Medical University Bratislava, Slovakia Universal and Equal Access to Health-care Services Member States of the World Health Organization
The Scottish Government Health Workforce Directorate Pay and Terms and Conditions of Service Division
The Scottish Government Health Workforce Directorate Pay and Terms and Conditions of Service Division Dear Colleague PAY UPLIFT FOR GP SPECIALTY REGISTRARS IN GENERAL PRACTICE 2013-14 Summary 1. This pay
Market Concentration Trends in the Private Healthcare Industry
OCCASIONAL NOTE MARCH 2014 Market Concentration Trends in the Private Healthcare Industry The Competition Commission (CC) started with the enquiry into South Africa s private healthcare sector at the beginning
Annual Performance Highlights 2015
Annual Performance Highlights 2015 COMMENTS FROM OUR MEMBERS AFTER THE SERVICE AND HELP WE RECEIVED WHEN MY WIFE WAS DIAGNOSED WITH CANCER AND EVEN MY OPERATION, I LL ALWAYS BE YOUR BIGGEST FAN AND HAVE
MACRO-ECONOMICS REGULATORY INFRASTRUCTURE PHARMA INDUSTRY
MACRO-ECONOMICS Economic growth are potentially good GDP per capita above $ 3.000 Government health budget increases to 5% Middle class category is projected into 150 Mn in 2014, average life expectancy