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REGULATORY REFORM NEEDED TO CONTROL RISING COSTS IN SA MEDICAL SCHEME INDUSTRY

The South African medical scheme industry is under increasing pressure to deal with escalating costs in a rapidly changing sector without the necessary regulatory support needed to legally adapt to these changes. In order to control rising costs and in turn protect medical scheme members from continuous increases, government needs to focus on the more […]

HPV VACCINE CRUCIAL TO CONTROLLING HEALTHCARE COSTS IN SA

Ballooning costs associated from both the increase in cancer patients and the new technologies and methods of treatment being used, has prompted the South African healthcare industry to champion proactive protection against preventable cancers and to find ways to reduce the cost of the treatment thereof. The Human Papilloma Virus (HPV) vaccine is a valuable […]

UNDERSTANDING CHANGES TO TAX RETURNS ON MEDICAL SCHEME CONTRIBUTIONS

Income tax deductions for medical scheme contributions for taxpayers below the age of 65 years have now changed into tax credits. This system of tax credits seeks to bring about greater fairness, so that all taxpayers, no matter what their income, will derive an equal tax benefit for their medical scheme contributions, as the tax […]