CMS launches investigation into medical schemes' 'extravagant' AGM spending
33 medical schemes spent an average of R884 848 each to host their AGMs.
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33 medical schemes spent an average of R884 848 each to host their AGMs.
'This spending pattern is deemed worrisome and necessitates an in-depth investigation' – Council for Medical Schemes.
The problem concerns the rule amendment that medical schemes should submit applications to increase benefit options for the following year [before communicating the details to their members]: Stephen Monamodi – spokesperson, Council of Medical Schemes.
But only once liquidators of collapsed scheme have completed their mandate.
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