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Press Room - Archive

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Introducing Our New Website!

Published: Mon, 29 Jul 19

The Insurance Gateway® team is excited to share our new website with you. Given our strategic objectives for 2019 and the fact that our last website redesign was over five years ago, we decided on a much anticipated mid-year launch. za was founded in 2005 by the late Michael Stoker as an insurance and financial ...
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Understanding non-disclosure

Published: Wed, 17 Jul 19

It is sometimes, incorrectly, thought that mere non-disclosure by an insured of any fact/s entitles the insurer to avoid the insurance policy. This is not so. The non-disclosure, or if it is a positive false disclosure, the misrepresentation, must be wrongful. It is not sufficient that it is simply false or misleads ...
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Risk management for the healthcare industry: the importance of checklists

Published: Tue, 16 Jul 19

Surgery is becoming ever more sophisticated and complex, and the rise of the super-specialist surgeon complements a modern world in which what we know about the human body is constantly evolving and improving, says Aneesa Bodiat, head of Legal at Natmed Medical Defence. But the success of surgery is never guaranteed, ...
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Managing the medical malpractice litigation crush

Published: Mon, 08 Jul 19

Readers will have read of the enormous pressure placed on both the public and private healthcare sectors by an ever-increasing number of medical malpractice claims and quantum of awards or settlements of those claims. The contingent liability of the Provincial Health Departments for medical malpractice claims is astounding, ...
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FSCA appoint the new Divisional Executive for Conduct of Business Supervision

Published: Fri, 28 Jun 19

FSCA commissioner, Mr Abel Sithole has appointed Ms. Kedibone Dikokwe as the Divisional Executive: Conduct of Business Supervision, effective from 1 July 2019. This is the division that supervises the way financial institutions interact with their customers. Dikokwe will oversee the implementation of the FSCA's ...
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Breaking the cycle of health inequalities

Published: Mon, 03 Sep 18

Courier pharmacy delivers on accessibility to enhance medicine adherence   As South Africa prepares for the full implementation of National Health Insurance, the structural barriers impeding our society’s health outcomes call for sustained and far-reaching interventions to ensure the public not only have ...
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Striking the right balance between activity and rest time for the elderly

Published: Thu, 30 Aug 18

Optimal quality of life requires healthy stimulation aligned to individual capacity   Physical and cognitive stimulation, social interaction and time for rest and relaxation are integral to anyone’s routine. Striking the right balance in maintaining activity levels while getting sufficient rest ...
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The practice of “Defensive Medicine” grows alongside the rise of medical malpractice claims

Published: Wed, 29 Aug 18

        Aneesa Bodiat, Head of Legal  Natmed Medical Defence (Pty) Ltd           The number of medical malpractice claims in South Africa is rising at an alarming rate, and along with this trend is the potential increase in the practice of defensive ...
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When we work is often as important as how we work

Published: Tue, 28 Aug 18

        Aneesa Bodiat*, Head of Legal  Natmed Medical Defence (Pty) Ltd           Doctors should be wary of afternoons, because this is when most medical mistakes happen. Bestselling author Daniel Pink scoured countless research papers and ...
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Fast-forward: Novartis SA gets moving to boost women’s mentorship

Published: Mon, 27 Aug 18

Novartis SA mentorship walk gives women a deliberate/visible way to develop professionally   Johannesburg: Novartis South Africa, always looking to find innovative new ways to embrace diversity and inclusion, staged a mentorship walk at its Waterfall offices on Friday, 17 August, to allow men and women mentors ...
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HFA concerned over ‘interim’ increases in medicine prices for 2018, seeks consultation

Published: Mon, 27 Aug 18

            Lerato Mosiah, CEO Health Funders Association (HFA)                 The Health Funders Association (HFA) announces its strong opposition to any interim increase in medicine costs this year. Its announcement comes ...
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Natmed Medical Defence Releases the First Issue of their Medical Defence Review

Published: Fri, 24 Aug 18

Johannesburg: Natmed Medical Defence (Pty) Ltd, a leading South African Medical Malpractice Insurance Broker, has released the first issue of Natmed’s Medical Defence Review. This is a review of case law and other developments within the medical malpractice industry that will help to keep healthcare practitioners ...
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Quality healthcare must be for all

Published: Fri, 24 Aug 18

South Africa must move beyond the era of exclusively preserving quality healthcare for those with deep pockets, says President Cyril Ramaphosa. Addressing the Stakeholder Consultative Meeting on the National Health Insurance (NHI) scheme on Friday in Tshwane, the President said the scheme is meant to ensure all South ...
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A medical aid revolution is coming

Published: Wed, 22 Aug 18

The findings and recommendations highlighted in the provisional report issued by the Health Market Inquiry (HMI) underline the urgent need to change the way medical scheme options are designed says Jeremy Yatt, Principal Officer of Fedhealth Medical Scheme. “Although there is very little room to maneuver ...
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Online dementia support group launched

Published: Tue, 21 Aug 18

Facebook group assists people caring for loved ones with dementia   A Facebook support group that aims to provide a safe and accessible space for individuals and families impacted by Alzheimer’s and dementia to connect with each other and occupational therapists experienced in dementia care has been launched ...
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Securing your Passwords

Published: Mon, 20 Aug 18

    Keenan Singh, Software Developer Natmed Medical Defence (Pty) Ltd       Many people have trouble remembering passwords, and as a result they use easy passwords or reuse the same passwords across multiple websites. The reuse of passwords is a major security problem because ...
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Natmed Medical Defence Offers CPD talks and seminars

Published: Thu, 16 Aug 18

Johannesburg: Natmed Medical Defence (Pty) Ltd, a leading South African Medical Malpractice Insurance Broker, offers a selection of free seminars, workshops and lectures on medico-legal topics, or bespoke seminars, workshops and lectures to clients that carry CPD ethical points. Natmed has a varied Seminar Menu which ...
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Investing in women key to SA socio-economic development

Published: Thu, 16 Aug 18

Investment in women’s empowerment delivers long-term socio-economic returns, says Novartis Women’s networks and mentorship engagements can help unlock personal and career success Johannesburg: Empowering women has long-term positive socio-economic impacts, making women’s empowerment, career ...
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Risk management for the health care industry: The importance of checklists

Published: Tue, 14 Aug 18

    Aneesa Bodiat*, Head of Legal Natmed Medical Defence (Pty) Ltd       Surgery is becoming ever more sophisticated and complex, and the rise of the super-specialist surgeon complements a modern world in which what we know about the human body is constantly evolving and improving ...
Read More »

GEMS pays out over R29 billion in claims during 2017

Published: Mon, 13 Aug 18

SA’s second largest medical scheme pays out 91 million claims   The Government Employees Medical Scheme (GEMS) paid out 91 million claims for its 1. 8 million-strong membership base during 2017, amounting to a total value of more than R29. According to Dr Guni Goolab, Principal Officer of GEMS, ...
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From The Glossary »

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Unit:

A unit is an apportioned part of the pooled assets or a segment of the ownership of the entire unitised portfolio. Investors who have a stake in a unitised portfolio own one or more untis that all have the same value. The pool of assets comprising the portfolio is often referred to as the underlying securities.
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