The medical schemes industry reported a R820.5m surplus in 2021, thanks in part to members postponing care when coronavirus infections surged
The medical schemes industry reported a R820.5m surplus in 2021, as members postponed treatment when coronavirus infections surged but did not put off treatment to the same extent as the year before, according to the latest Council for Medical Schemes annual report.
While many schemes reported a rise in claims expenditure in 2021 compared with 2020’s historic lows they were again able to defer annual contribution increases or announce unusually modest, subinflation rate increases thanks to the cash pile of almost R2bn they amassed in 2020...
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Medical aid schemes hikes return | CitypressAs medical schemes announce their premium increases for next year, the lower-than-average increases of the past two years are largely over, writes Maya Fisher-French.
Read more »
SABC blames Hlaudi Motsoeneng tenure for R2.8bn irregular expenditurePublic broadcaster fails to meet half of its targets for 2021-22 financial year.
Read more »
The Easiest Way To Enjoy A Full Month Of Free SmoothiesThe only thing that tastes better than a healthy smoothie is a free healthy smoothie, and winning has never been easier.
Read more »
Department of Tourism slashes irregular spending, gets clean audit | Fin24The Department of Tourism has received an unqualified audit for the 2021/22 financial year, with a significant reduction in irregular, fruitless and wasteful expenditure, as well as improved accountability & better consequence management | News24_Business
Read more »