Regulator in urgent talks to secure cover for Health Squared members

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Council for Medical Schemes in discussions to absorb stranded members

The medical schemes regulator is in urgent talks with seven of SA’s biggest open medical schemes to absorb Health Squared members, who were sent scrambling for alternative cover after it announced on Friday that it was seeking voluntary liquidation.

The stakes are high because the schemes need to balance the interests of their current members against those left stranded by Health Squared’s unprecedented move...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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