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Health checks and treatment should be addressed even during COVID-19

Published: Thu, 22 Oct 20

Around the world, many people are choosing to delay treatment for serious and chronic ailments because they are worried about being exposed to COVID-19 in healthcare settings. In the early months of the pandemic, some hospitals in the United States saw a marked decline in the number of heart attack and stroke patients ...
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Covid-19 - Private hospitals an ‘obsessive infection control bubble’

Published: Fri, 09 Oct 20

Patients returning to private hospitals for treatment will find themselves in an “obsessive infection control bubble” environment that is intended to keep them safer from the novel coronavirus than virtually anywhere else, says Dr Charl Loggerenberg, General Manager of Emergency Medicine for the Life Healthcare ...
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AlphaCode awards R450 000 to healthcare fintech at virtual demo day

Published: Mon, 05 Oct 20

Rand Merchant Investments (RMI) startup incubator AlphaCode has taken another step to find the next unicorn in financial services when it chose Oyi Medical Card and awarded it R450 000 at its first virtual demo day. Oyi is one of seven startups that were awarded entrepreneurial packages valued at R2 million ...
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Review your will to account for COVID-19, advises JustMoney

Published: Mon, 05 Oct 20

The COVID-19 pandemic is a timely reminder of the importance of ensuring your personal finances are in order – and a key component of this is an up-to-date will. This legal document, that should take into account the current value of your assets, with instructions on how you wish to allocate them, is particularly ...
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REVIEWING YOUR MEDICAL SCHEME OPTIONS FOR 2021

Published: Thu, 01 Oct 20

The year has posed many uncertainties and now, without knowing what the future holds, private medical aid members need to decide on their medical scheme options for the forthcoming year. One lesson Covid-19 has taught us is to ensure we have sufficient healthcare funding policies in place that suit our own, ...
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Covid-19 shines spotlight on gaping holes in personal risk planning and responding insurance solutions

Published: Tue, 11 Aug 20

The Covid-19 pandemic has pulled a critical thread, unravelling the fibre of every economic and social structure, across countries, continents and communities. In the wake of soaring infections, hospitalisations and global lockdowns, this black swan event has painfully revealed how vulnerable we are to an unprecedented, ...
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COVID-19 and guidance for the medical profession

Published: Thu, 06 Aug 20

The Health Professions Council of South Africa (HPCSA) has recognised the severity of the COVID-19 outbreak and provided special guidelines that will apply during the pandemic. The HPCSA will continue to operate, but with restrictions. For example, professional conduct inquiries and in-person mediations will be suspended ...
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Notification obligations under a medical malpractice insurance policy

Published: Thu, 06 Aug 20

Medical malpractice insurance is a practical necessity in the current litigious environment, writes Aneesa Bodiat of Natmed Medical Defence (http://www. natmed. mobi/), as an unfavourable judgment can lead to severe financial and reputation consequences. Some of the most serious cases, for example where ...
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PROFESSIONAL INDEMNITY DURING A PANDEMIC

Published: Thu, 06 Aug 20

The COVID-19 pandemic has created a unique set of circumstances for medical professionals, many of whom would do well to be seek clarity from their professional insurers as they are called on to step into unfamiliar terrain. Medical malpractice insurance usually covers malpractice related to a medical practitioner’s ...
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Liberty Drives Hope - and places the needs of ordinary South Africans at the core

Published: Fri, 31 Jul 20

It was a desperate cry for help on Facebook. When Karen Denny, Divisional Executive for Liberty’s Digital Marketing team, first read it, her heart sank. An elderly woman had anonymously poured her heart out, searching for help after she was sexually assaulted by a relative. The woman’s family and friends ...
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WHY YOU SHOULD TAKE LEAVE DURING LOCKDOWN

Published: Mon, 27 Jul 20

By Paresha Kala and Ashley Ramsoonder, senior consultants and occupational therapists at Alexander Forbes Health Management Solutions   With no clear indication on when Covid-19 lockdown restrictions will end, mental illness, exhaustion and burnout should be a concern for companies. For this reason, they ...
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How to spot a financial scam

Published: Thu, 09 Jul 20

Richard Rattue, MD, Compli-Serve SA   The prevalence of online financial crime speaks to the value of personal and company data. At a recent webinar, Reuters, shared some important reminders. Even though you may have taken the necessary precautions to keep yourself safe, scams evolve just as we do. Becoming ...
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POPI ACT IS NOW IN FORCE

Published: Tue, 07 Jul 20

FIVE STEPS TO ENSURE POPI COMPLIANCE FOR DIRECT MARKETING   07 July 2020: The Protection of Personal Information Act 4 of 2013 (POPI) has now come into effect and it is important that South Africa businesses adhere to the new regulations. The use of personal information is everywhere and it’s almost ...
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New Pandemic Insurance solution protects consumers against the financial ramifications of Covid-19 hospitalisation

Published: Mon, 06 Jul 20

As lockdown measures are incrementally relaxed in South Africa to kickstart the economy, cases of COVID-19 have begun to rise significantly. The country now has over 196 750 confirmed cases as of 5 July 2020, and latest Government projections suggest that this number could rise to over 400 000 cases by mid-July ...
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DRAFTING A WILL DURING THE COVID-19 LOCKDOWN

Published: Wed, 01 Jul 20

By Christel Botha, Alexander Forbes Fiduciary Services Manager   Life in lockdown during the Covid-19 pandemic has given people time to reflect on their personal affairs, leading to an increase in numbers of people making and updating their Last Will and Testament in a bid to regain control over their lives ...
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Insurance Gateway Launches Virtual Offices

Published: Fri, 26 Jun 20

Insurance Gateway developed a new way of connecting brokers to their clients. This new platform will launch 1 July 2020 and I would like to invite you to have a look. To view our offices please click the link below. Features include online appointments, instant video meetings, document management, AI, CRM and even ...
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Spiralling healthcare costs leave consumers exposed to out-of-pocket hospitalisation expenses not covered by medical aid

Published: Tue, 23 Jun 20

With healthcare costs growing at around 10% - levels well-beyond inflation - and with most medical schemes announcing annual plan increases of between 8-9% for 2020, South African medical scheme consumers are left with little choice but to buy down on their medical scheme benefit options in a bid to manage their high ...
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ARE COMPANIES DOING ENOUGH FOR EMPLOYEES IN THE WAKE OF COVID-19

Published: Thu, 11 Jun 20

Covid-19 has changed ways of working, with more outcome based deliverables required, being constantly available and demonstrating one’s value during the current pressures. With the added stress from the current economic climate, what should South African employers be doing to ensure the health and wellness of ...
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FINANCIAL RELIEF FOR MEDICAL SCHEME MEMBERS

Published: Fri, 29 May 20

Medical aid members who are looking for payment relief could have a possible solution to hand – but terms and conditions apply, says Susan Weedman, Alexander Forbes Health Senior Consulting Manager   The financial relief will depend on if the scheme has been granted contribution relief approval by ...
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WHY MEDICAL AID SHOULD BE IMPORTANT TO MILLENNIALS

Published: Tue, 12 May 20

Millennials may question the need to have medical cover, as they consider themselves to be fairly healthy, active and may not have existing chronic medical conditions. At some stage of our lives whether young or old there may be a need for unforeseen and sometimes costly medical treatment. Not having adequate ...
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Fixed-interest Investment:

Investments made for a period at a guaranteed interest for that period (eg, bonds). Interest is generally paid twice a year, and at the end of the term the capital is repaid.
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