Low-Cost Benefit Options Extended Until 2027

The medical schemes regulator has extended low-cost benefit options (LCBOs) for health insurance companies until March 31, 2027. This enables affordable coverage for lower-income households while a formal regulatory framework is still pending.  The medical schemes regulator has granted health insurance companies a two-year extension until March 31, 2027. This allows them to operate under a framework that permits low-cost…

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