Discoverys’ Global Credit Rating

Please note the following with regard to Discovery Health Medical Scheme

Discovery Health Medical Scheme SA’s top rated scheme

Global Credit Ratings, the independent credit rating agency for the medical schemes industry, has announced its upgraded Discovery Health Medical Scheme’s rating for its claims paying ability from an AA to an AA+.

Global Credit Ratings has upgraded the industry ceiling from an AA rating to an AA+ and the Discovery Health Medical Scheme is the only medical scheme in South Africa to receive this highest rating.

Their rating is based on the scheme’s strong growth, size and scale, and its statutory reserves of over R5 billion. It’s also based on the sound risk management of the scheme, its operating performance and the responsible financial management of the scheme’s assets. This is an outstanding achievement for the medical scheme, which ensures Discovery Health members can rest assured they’re with the industry’s top performing, most financially secure medical scheme.

Kenny Williamson

Discoverys’ Global Credit Rating was last modified: September 15th, 2016 by Kenny Williamson

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