EDITORIAL: Failure of CMS will cost medical scheme members
26 August 2022 - 05:00
The medical schemes regulator is missing in action. Thousands of Health Squared Medical Scheme members are panicking about how to pay their medical bills because the Council for Medical Schemes (CMS) failed to stop its calamitous decline.
The crisis facing Health Squared’s more than 23,000 beneficiaries was precipitated by the scheme’s surprise announcement last week that it had applied to the Johannesburg high court to wind up its business by August 31, giving its members less than a fortnight to find alternative cover...
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