Medical schemes regulator gives health insurers yet another reprieve
Demarcation exemption renewal framework has been extended to March 31 2027, the Council for Medical Schemes says
01 April 2025 - 05:00
The medical schemes regulator has given companies selling health insurance products another two-year reprieve, pending the health minister’s final determination on the future of low-cost benefit options (LCBOs).
These are cheap, pared-down medical scheme packages that are intended to be more affordable because they will not have to cover all the conditions set out in the prescribed minimum benefits, a basic basket of care all medical schemes must provide in terms of the Medical Schemes Act...
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