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Statement by the Chairman of the Board of Bonitas, Thulasizwe Shangase, regarding enquiry by Registrar of Medical Schemes | | 2009/07/17 The Registrar of Medical Schemes, in exercising his oversight role over all medical schemes, has obtained a court order that an enquiry be held into certain governance issues at Bonitas. | | | |
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Bonitas remains financially sound | PUBLISHED: Daily News 2009/07/17
Given the media hype around the investigation into Bonitas Medical Fund and its administrator Medscheme Holdings (Pty) Ltd, the Office of the Registrar would like to assure the medical schemes industry – and specifically healthcare brokers and the beneficiaries of Bonitas – that the scheme remains very stable and financially sound. | | | |
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Medical aid members reassured | PUBLISHED: Daily News 2009/07/16
Members of Bonitas Medical Fund, the third largest medical scheme in the country, have no cause for concern, says its principal officer, Bafana Nkosi. | | | |
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Membership - a tale of forty plus seven | | PUBLISHED: Money Marketing - 2008/11/30 South Africa has an estimated population of just over 47 million. With only 7.4 million covered by medical aid that leaves 40 million people without access to private healthcare unless they choose to self-fund. | | | |
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Solvency | | PUBLISHED: Money Marketing - 2008/11/30 The CMS monitors the financial soundness of medical schemes. This inludes solvency, the schemes investment management of its assets and the claims paying ability. | | | |
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Major changes are in the offing | | PUBLISHED: Sunday Times Business Times - 2008/11/02 The prospect of massive consolidation lies ahead for the medical aid schemes industry, driven by the need to contain costs as well as far reaching legislative changes that are set to remould the South African healthcare landscape | | | |
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Push for low-end health cover starting to bear fruit | | PUBLISHED: Sunday Times Business Times - 2008/10/26 The number of South Africans covered by medical aid has risen by 7% in th epast financial year, the first time there has been real growth in health insurance membership in the past decade. | | | |
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Schemes should provide complete service chain | | PUBLISHED: Business day - 2008/10/17 The time has come for SA to advance from managed health care programmes to more active interventions like health management organisations (MHOs) to control hospital-related costs. | | | |
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Time for managed healthcare | | PUBLISHED: Sowetan - 2008/10/02 According to recent reports, medical aid scheme members in South Africa pay the highest non-healthcare costs in the world. Apparently these costs consume up to between 14 and 15 percent of medical aids’ R60 billion annual expenditure. | | | |
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Time for a new medical aid model | | PUBLISHED: FA News - 2008/10/01 It may be time for the healthcare industry to shift from a passive level of managed healthcare to active involvement and engagement through initiatives employed elsewhere in the world, such as Health Management Organisations. | | | |
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Hot off the press | | PUBLISHED: FA News - 2008/10/01 Bonitas rating a positive outlook - International rating agency, Global Credit Rating Company (”GCR”), has reaffirmed Bonitas Medical Fund’s (”Bonitas”) domestic ZAR currency claims paying ability rating of AA-. | | | |
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Bonitas bied iets vir ieder en elk | | PUBLISHED: Beeld - 2008/09/12 Bonitas bied produkte en voordele wat aan almal se behoeftes kan voldoen - van die besturende direkteur tot die werknemer op die fabrieksvloer. | | | |
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Bonitas stap weg met louere | | PUBLISHED: Beeld - 2008/09/12 Die mediese fonds Bonitas het een van sy mededingers Discovery Health onttroon as die voorste handelsmerk in die mediese-fondskategorie van vanjaar se Ipsos Markinor Top Brands-opname. | | | |
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Premiestyging is ‘merkwaardig’ | | PUBLISHED: Beeld - 2008/09/12 Bonitas is die eerste mediese fonds in Suid-Afrika wat sy jaarlikse premieverhogings aankondig. | | | |
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Gediversifiseerde Bonitas bied gevestigde produkte | PUBLISHED: Beeld - 2008/09/12
Bonitas is die tweede grootste oop mediese skema in Suid-Afrika, met ‘n jaarlikse inkomste van meer as R4,5 miljard.
Grootte is ’n belangrike faktor wanneer jy moet besluit watter mediese fonds jy wil aansluit, want in ‘n groot risiko-poel is eiskoste meer voorspelbaar en daar om is koste vir lede ook meer voorspelbaar. | | | |
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Young members inflates Bonitas’s solvency ratio to 48.1% | | PUBLISHED: Business Report - 2008/09/09 The solvency ratio of Bonitas, South Africa’s second-biggest medical aid scheme, stood at 48.1 percent in the year to December, with reserves reaching about R3 billion, Bafana Nkosi, the principal executive officer, said yesterday. | | | |
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Medical aid softens fee increases | | PUBLISHED: The Times - 2008/09/09 Bonitas Medical Fund, the countries second largest medical scheme, announced annual increases yesterday that squeaked in below inflation. | | | |
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Bonitas overtakes Discovery | | PUBLISHED: Sunday Times - 2008/08/17 But victory might be sample-based, says Brendan Peack.In one of the most surprising results of Top Brands 2008, Bonitas has dethroned Discovery in the medical aid category. | | | |