The medical schemes regulator has won its bid to replace Sizwe Hosmed’s curator. This successful Sizwe Hosmed curator replacement, according to the Council for Medical Schemes (CMS), will not disrupt the scheme. It also stressed that Sizwe Hosmed remains fully operational. A High Court order handed down on Wednesday in Pretoria confirmed Ian Fleming as curator with immediate effect. He…
Tag: Solvency Ratio
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Sizwe Hosmed Curatorship Under Fresh Scrutiny
The curator of Sizwe Hosmed responded to critics after they launched legal efforts to liquidate her business and sequester her estate. Lebogang Mpakati, a registered business rescue practitioner, said the proceedings are private matters. She said they have no bearing on her ability to stabilise the troubled medical scheme. Mpakati is facing pressure from the scheme’s suspended board of trustees. The…
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Discovery Defers Contribution Increase Until April
Discovery Health Medical Scheme (DHMS) has announced a significant decision. It will defer its 2026 contribution increase for three months. This move will return about R1.5 billion to its members. This deferral provides welcome financial relief for many families. It is possible because of the scheme’s strong financial position./h Understanding the 2026 Contribution Increase Deferral Members will not see a…
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Medical Scheme Solvency Issues Impacting Members
Three medical aid schemes – Medihelp, Sizwe Hosmed Medical Scheme, and Transmed Medical Fund – did not maintain their medical scheme solvency ratios at or above the statutory minimum of 25% in 2023. This was a key finding in the Council for Medical Schemes (CMS) Financial Performance Industry Report 2023, released last week. While the total number of medical aid…