Has the medical schemes regulator gone rogue? If not, how else does one explain the cavalier move by the Council for Medical Schemes (CMS) to strip private health-care cover from hundreds of thousands of people without any guarantee of a safety net?

On December 4 CMS registrar Sipho Kabane issued a circular that stunned the medical scheme and health insurance industry. In one fell swoop he rang the death knell for health insurance products that provide primary health-care cover; scrapped the development of low-cost benefit options, which could potentially bring lower-wage earners into the stagnant medical schemes market; and signed a death warrant for the bargaining council medical schemes that offer more affordable pared-down cover to blue-collar workers...

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 Sunday Times Daily.

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