Copyright by miqueias
The Council for Medical Schemes (CMS) released their Annual Report for 2007/2008 yesterday.
As the regulatory authority responsible for overseeing medical schemes in South Africa (SA), the Council for Medical Schemes (CMS or Council) administers and enforces the Medical Schemes Act 131 of 1998 (MSA or Act).
The CMS is an autonomous public agency funded through levies charged to medical schemes and is accountable to the Minister responsible for national health matters.
The report itself is quite long (177 pages), but the key goals of the CMS, taken from the report, are:
Goal 1: We monitor the impact of the Medical Schemes Act 131 of 1998 and recommend improvements.
Goal 2: Secure adequate protection for beneficiaries by approving the manner in which medical schemes carry out business and by monitoring their financial performance.
Goal 3: Support the work of trustees and promote public understanding of the way in which medical schemes function.
Goal 4: Take fair and timely enforcement actions when required.
Goal 5: Investigate and resolve complaints of beneficiaries.
Goal 6: Foster the development of the CMS as an attractive workplace and an employer of choice.
Goal 7: Develop strategic alliances with counterpart regulators and others.
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