SA’s medical scheme regulator has suspended its head of investigations, Stephen Mmatli, pending the outcome of a probe into allegations of corruption. The move by the Council for Medical Schemes (CMS) has potentially fa r-reaching implications for the medical schemes industry, as it raises questions about the legitimacy of inspections currently under way, and whether the regulator may have turned a blind eye to issues that warranted scrutiny. The CMS is the watchdog agency for the medical schemes industry, charged with safeguarding the interests of consumers and ensuring medical schemes and administrators comply with the Medical Schemes Act. At least four inspections are currently in play, including probes into SA’s two biggest medical schemes, Discovery Health Medical Scheme and the Government Employees Medical Scheme (Gems), as well as smaller schemes Resolution Health and Bonitas. In a circular issued late on Friday afternoon, the CMS said it had served its GM for compliance and ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now