PR-MEDICAL-SCHEMES SAPA PR -- IN CURRENT VOLATILE HEALTHCARE MEDICAL SCHEMES START TO AMALGAMATE | Sep 14, 2009 at 02:00 PM |
In the current volatile healthcare industry, characterised by
rising medical costs, high inflation and tight, prescriptive
legislation, it is not surprising that more medical schemes start
to amalgamate in an attempt to secure their future existence.
Often the success of a medical scheme is measured according to
the size of its membership, yet having a high number of members
does not protect against the medical expenditure that schemes are
exposed to. On the contrary, the more members a scheme has, the
more real the exposure and threat of having to fund more in claims
than received through member contributions, become.
"That's where a scheme like Selfmed really distinguishes itself
from the rest", says Ms Marthie Bester, Marketing and Operations
Director of the Selfmed Medical Scheme. "Not only does Selfmed
boast reserves well in excess of legislative requirements, thereby
offering a secure buffer against unduly high medical expenses, but
our scheme remains one of few with more than 40 years' experience
in the industry."
"There is no substitute for the lessons to be learnt through own
experience. Selfmed, having been around since 1965, have faced
many challenges in its existence, yet, through proper management
has succeeded to overcome all of them and to this day continues to
stand its ground."
As to the reason for its ongoing success, Ms Bester adds: "Our
value statement comprises only four words - simplicity, sincerity,
security and service - yet the importance and valued meaning of
these words are entrenched in our every day business. Selfmed
members know that we are transparent in our service and will
provide them stability that they can rely on, regardless of our
volatile industry."
"Although we welcome new members to the Scheme, we do not base
our success on membership growth, but instead focus on offering
unsurpassed service to our loyal members who have continued to
support us through the good and the tough times."
That certainly explains why "service" comprises part of this
medical scheme's value statement. In the present environment
characterised by such uncertainty and competition, it is comforting
to know that at least one medical scheme still represents proper
values and security. |
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