The final regulations demarcating health insurance products were passed and published in the Government Gazette No. 40515 on the 23rd of December 2016. The fact that gap cover products have been given the green light, just goes to show that healthcare insurance products fill a gap and are still very much in demand. As your leading medical shortfall specialist, Stratum Benefits will continue to offer transparent quality and remarkable value regardless of the adjustments required by National Treasury.
The National Treasury has introduced two new medical scheme regulations which will see a limit on the amount of gap cover and hospital cash-back policies you can claim, as well as the discontinuation of all primary healthcare policies.