Netwerk24 reports that the Council for Medical Schemes (CMS) on Wednesday presented its annual report to the parliamentary portfolio committee on health.
It sought to address concerns around the Government Employees Medical Scheme (Gems), which is the largest ‘closed’ medical scheme in the country. Tebogo Maziya, head of financial oversight, gave feedback about Gems specifically because of recent reports that the scheme’s solvency ratio had dropped sharply. She indicated that a number of factors had had an influence on Gems’ performance and confirmed that the scheme was taking steps to address the problems, which should improve matters. Prof. Yosuf Veriava, CMS chairman, indicated that there was no necessity to liquidate Gems. (Loosely translated from Afrikaans)
- Read this report by Nellie Brand-Jonker in full in Afrikaans at Netwerk24
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