Dear Aaron I have been meaning to write you for quite a while but things happened, as they tend to do. We never talk anymore! Anyways, I saw you on the Business Briefing on SABC2 a while ago and wanted to have a little chat about that and some other issues, on behalf of the… Continue reading Dear Aaron
I have been thinking more about yesterday’s post and something did occur to me. Suppose the solvency regulations did change to this risk based capital thing the actuarians are going on about. What would be the likely outcome?
Two articles that I want to highlight this week. The first is the announcement of a 2013 contribution increase of around 10.3% from GEMS. The second is an article titled “More fat than muscle?” that was carried in the Financial Mail last week.
<sarcasm> C4MS Circular 28 of 2012 tells schemes that our beloved regulator has, in its infinite wisdom, extended the period for schemes to comment on the medical scheme solvency framework. As befits a gracious leader it only reminds schemes that they were given plenty of notice (in Circular 12 as well as Circular 17) and… Continue reading Effective communication
A fair number of posts on this blog deal with the contents of C4MS circulars, press releases and news articles published on the interwebs. Wouldn’t it be great if each reference was accompanied by a simple numeric rating that summarised the contents? The crack team of scientists at CxMS HQ was given the task to… Continue reading It’s all crap
Pieces coming up will touch on The much discussed, never seen National Health Insurance plan The Prescribed Minimum Benefit circus The worst solvency and reserving regulations in the world How half baked reform can make things worse That is what I can think of now. I’m sure when I’m done with these topics there will… Continue reading An inventory of problems