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Council For Medical Schemes


medicalschemes.com


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Council For Medical Schemes

Homepage http://www.medicalschemes.com
LinkedIn Profile https://linkedin.com/company/coun***edical-s***
HQ Location South Africa , Gauteng, Centurion
Block A Eco Glades 2 Office Park 420 Witch - Hazel Avenue Ecopark Centurion, Gauteng 0157 South Africa
Coordinates -26.******° N, 28.******° E
Last Update 2024-08-13
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The Council for Medical Schemes is a statutory body established by the Medical Schemes Act (131 of 1998) to provide regulatory supervision of private health financing through medical schemes. The governance of the Council is vested in a board appointed by the Minister of Health, consisting of a Non-executive Chairman, Deputy Chairman and 13 members. The Executive Head of the Council is the Registrar, also appointed by the Minister in terms of the Medical Schemes Act. The Council determines overall policy, but day to day decisions and management of staff are the responsibility of the Registrar and the Executive Managers. The Council for Medical Schemes supervises a massive and very important industry: There are about 97 medical schemes in South Africa with around 8 469 784 beneficiaries. These schemes have a total annual contribution flow of about R84.9 billion.



Insurance, Risk Management and Actuarial Science

The Insurance & Risk Management industry is involved in the assessment and management of risks associated with business activities . Companies in this field specialize in underwriting insurance policies and providing risk management advice to businesses .

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Details of Council For Medical Schemes

Founded in
1998
Industry
Insurance, Risk Management and Actuarial Science
Company Type
Governmental
Enterprise Size
censo redcens
Headquartered
South Africa, Gauteng, Centurion
Website
http://www.medicalschemes.com


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