DStv Channel 403 Tuesday, 05 November 2024

Discussion | Worrying spending patterns of medical aid schemes

 

JOHANNESBURG - The Council for Medical Schemes is concerned about runaway spending.

It's published a report that revealed exorbitant fees for hosting annual general meetings.

Of the 71 registered medical schemes, 33 of those incurred AGM-related expenses, totalling an eye watering R29.2m.

This the council says, this warrants an in-depth investigation into the potential factors contributing to these extravagant costs.

eNCA spoke to Michael Willie of the Council For Medical Schemes.

 

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