Good day everyone,
When looking at schemes (to market), there are a few factors that are important.
Here are 3 things to look at:
- Size– very important, what size is the risk pool from which to pay benefits?
- Average Age– if this is too high, the scheme will be paying large amounts of claims.
- Solvency– I don’t require this as important, more a qualification that the Council for Medical Schemes looks at (requires).
This pdf shows exactly why Discovery Health is able to keep the scheme well managed and on track.
To see why, click here comparison. (this was a dashboard of Discovery vs 10 top other competitors – now outdated, removed).
Sizwe Medical Scheme
All information can be gleaned from the latest Annual Report of the Council for Medical Schemes.