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Why You Need Medical Aid Cover

Yes, life is short but don’t be fooled, it can be shortened. Especially if you don’t have medical aid cover in the event of an emergency. Over the past few years, medical aid schemes have undergone numerous changes, especially in regards to the tailoring of plans to suit individual needs and budget, as well as […]

SA government to enforce the registration of domestic medical devices

The South African government will soon enforce the registration of domestic medical devices and its manufacturers, importers and distributors first proposed in 2015 in amendments to the Medicines and Related Substances Act. When the Act comes into operation it will result in significant changes to the regulatory regime currently in place, says Profmed’s CEO and […]

High risk, high contributions: Why medical scheme legislation needs a revamp

This is according to Graham Anderson, CEO and Principal Officer of Profmed, who says LJPs are designed to incentivise people to join medical schemes when they are young and in good health, boosting scheme reserves. LJPs were implemented in the Medical Schemes Act of 1998. “Before that, schemes were able to ‘risk rate’ members,” says […]

Work overtakes health as leading cause of stress for SA professionals

Work is the leading stress factor for South African professionals, with nearly one in 10 recently taking time off work from stress-related illnesses, according to the third annual Profmed Stress Index. The 2016 edition of the index, compiled from survey responses of nearly 3 000 of Profmed’s professional membership base, revealed that almost 32% of […]