Medical scheme industry in South Africa | KPMG | ZA

Medical scheme industry in South Africa

Medical scheme industry in South Africa

The regulatory landscape continues to change and evolve as the massive health financing gap in South Africa is confronted through the introduction of the National Health Insurance system.

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Key points

The regulatory landscape continues to change and evolve as the massive health financing gap in South Africa is confronted through the introduction of the National Health Insurance (NHI) system.

Further changes in International Financial Reporting Standards (IFRS) will pose significant challenges for administrators and trustees over the next few years.

In such challenging times, medical schemes need to understand the future landscape in order to meet and manage stakeholder expectations.

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