The healthcare industry has been plagued by escalating healthcare costs which has seen several smaller schemes unable to sustain the balancing act of providing affordable cover while maintaining financial sustainability – a trend which is expected to continue. As one of the largest and most stable medical schemes in South Africa, our mission is to make quality healthcare more affordable and more accessible. We are, therefore, proud that many of these smaller schemes see Bonitas as a solution to the future for their existing members. We assure you that we will always do this in a very responsible manner as to not negatively affect our current members.
It is against this backdrop that the Community Medical Aid Scheme (Commed) was placed under provisional curatorship in June 2017. Acting pursuant to section 7(a) of the Medical Schemes Act, the Registrar instructed the provisional curator to try to ensure that members were not prejudiced by the state of affairs of Commed. The provisional curator, acting on the instruction of the Registrar, has agreed that all Commed members be moved to Bonitas with effect from 7 August 2017. Approximately 7 200 new lives will join Bonitas, diversifying our risk pool and allowing us to make quality healthcare more accessible to a new market segment.
Read the official press statement here.
Commed members, please click here to view the welcome letter.