Health Squared Medical Scheme Collapse

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Press Release 13 of 2022: The collapse of Health Squared Medical …

(Just Now) WEBIn addition to this, Health Squared stated that it experienced substantial member loss which led to a solvency decline which by the end of July 2022 was at …

https://www.medicalschemes.co.za/collapse-of-health-squared/

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How Health Squared blew millions in its death spiral - BusinessLIVE

(9 days ago) WEBIn the months leading up to its demise, troubled medical scheme Health Squared blew millions of rands of members’ contributions on marketing campaigns, …

https://www.businesslive.co.za/bt/business-and-economy/2022-08-28-how-health-squared-blew-millions-in-its-death-spiral/

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Health Squared liquidation: regulator intervenes to help …

(3 days ago) WEBThe regulator for the medical aid industry, the Council for Medical Schemes (CMS), has intervened to help beleaguered members of Health Squared Medical …

https://www.iol.co.za/personal-finance/medical-cover/health-squared-liquidation-regulator-intervenes-to-help-members-000c3a81-cee9-4b01-88a6-f28f1a78b7ab

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Health Squared trustees and consultants may still face sanctions

(Just Now) WEBThe trustees of the board of Health Squared Medical Scheme, now in liquidation, may still face sanctions for the alleged maladministration of the scheme and …

https://www.moneyweb.co.za/news/south-africa/health-squared-trustees-and-consultants-may-still-face-sanctions/

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Regulator gets its way on the fate of Health Squared - BusinessLIVE

(9 days ago) WEBHealth Squared, the embattled medical scheme that last month sought voluntary liquidation, has been placed under provisional curatorship with effect from …

https://www.businesslive.co.za/bd/companies/healthcare/2022-09-11-regulator-gets-its-way-on-the-fate-of-health-squared/

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Health Squared granted leave to apply to wind up its business

(3 days ago) WEBThe high court in Johannesburg has granted Health Squared Medical Scheme leave to apply for voluntary liquidation on September 27, but has yet to decide …

https://www.businesslive.co.za/bd/national/health/2022-09-05-health-squared-granted-leave-to-apply-to-wind-up-its-business/

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Medical schemes regulator engages other schemes to …

(Just Now) WEBIt encouraged Health Squared members “to avoid panic-inspired movements that might leave them worse off” while CMS engages with the other medical schemes to find a workable solution.

https://www.moneyweb.co.za/news/companies-and-deals/medical-schemes-regulator-engages-other-schemes-to-help-affected-health-squared-members/

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Lifeline talks for 38,000 people hit by Health Squared …

(Just Now) WEBThe Medical Schemes Act requires schemes to maintain a minimum solvency level of 25% as a buffer against an unexpected surge in claims, but Health …

https://www.timeslive.co.za/news/consumer-live/2022-08-23-lifeline-talks-for-38000-people-hit-by-health-squared-medical-schemes-liquidation/

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Members face penalties, waiting periods following Health …

(4 days ago) WEBMembers face penalties, waiting periods following Health Squared collapse. October 26, 2022. Health Squared Medical Scheme beneficiaries are at the …

https://www.medicalbrief.co.za/members-face-penalties-waiting-periods-following-health-squared-collapse/

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World of pain for Health Squared members, despite a break for

(8 days ago) WEBA weekend court order gives the collapsed medical scheme's most vulnerable member a month’s reprieve, but horror stories abound.

https://www.msn.com/en-za/news/other/world-of-pain-for-health-squared-members-despite-a-break-for-high-risk-patients/ar-AA11BXia

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Health Squared collapse: Council talking to other schemes re

(6 days ago) WEBConsumer ninja Wendy Knowler gives an update after the Health Squared medical scheme applied for voluntary liquidation.

https://www.msn.com/en-za/news/other/health-squared-collapse-council-talking-to-other-schemes-re-migrating-members/ar-AA113KXF

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Health Squared Liquidation Medical scheme members still in …

(3 days ago) WEBHealth Squared sent shock waves through the medical schemes industry with its liquidation announcement saying cover would end on 31 August. This week attempts to …

https://www.msn.com/en-za/news/other/health-squared-liquidation-medical-scheme-members-still-in-limbo/ar-AA11oGbX

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Health Squared medical scheme seeks voluntary liquidation

(9 days ago) WEBA small medical scheme called Health Squared has applied to the high court in Johannesburg for voluntary liquidation after its efforts to merge with bigger and …

https://www.businesslive.co.za/bd/national/health/2022-08-22-health-squared-medical-scheme-seeks-voluntary-liquidation/

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Health Squared Medical Scheme applies to be liquidated - IOL

(4 days ago) WEBHealth Squared Medical Scheme, a small open scheme with about 48 000 members, has applied to the High Court for voluntary liquidation.

https://www.iol.co.za/personal-finance/medical-cover/health-squared-medical-scheme-applies-to-be-liquidated-912d68b9-dfc6-4d89-aa8f-abd5562e9d1b

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Health Squared Medical Scheme placed under provisional

(9 days ago) WEBFinancially distressed South African medical scheme Health Squared, whose management has taken steps to liquidate it, has been placed under provisional …

https://www.moneyweb.co.za/news/companies-and-deals/health-squared-medical-scheme-placed-under-provisional-curatorship/

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Five Key Moments from Health Subcommittee Hearing on the …

(8 days ago) WEBWASHINGTON, D.C. – Washington policies and regulations, coupled with high inflation, have contributed to the steady collapse of independent medical practices, …

https://waysandmeans.house.gov/2024/05/28/five-key-moments-from-health-subcommittee-hearing-on-the-collapse-of-private-practice/

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Migration dispensation for Health Squared medical scheme …

(7 days ago) WEBThe Council for Medical Schemes (CMS) has been in discussions with seven medical schemes to migrate Health Squared Medical Scheme members without the …

https://www.fanews.co.za/article/healthcare/6/medical-schemes/1078/migration-dispensation-for-health-squared-medical-scheme-members-collapses/35354

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Georgia Cancer Specialists Settles with Feds over Medicare Billing

(8 days ago) WEBGeorgia Cancer Specialists has reached a settlement with the U.S. Attorney’s Office for the Northern District of Georgia in which the medical practice …

https://patch.com/georgia/marietta/georgia-cancer-specialists-settles-with-feds-over-medf269e7f42e

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Doctor Pleads Guilty to $1.9M Medicare Fraud Scheme

(1 days ago) WEBCONCORD – A former New Hampshire doctor pleaded guilty today in federal court to health care fraud, in connection with a scheme to defraud Medicare by …

https://www.justice.gov/usao-nh/pr/doctor-pleads-guilty-19m-medicare-fraud-scheme

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Health Squared members on their own as transfer talks collapse

(4 days ago) WEBThe medical scheme regulator’s attempt to broker an 11th-hour deal to transfer members of Health Squared to other schemes without waiting periods has failed.

https://www.businesslive.co.za/bd/national/health/2022-09-01-health-squared-members-on-their-own-as-transfer-talks-collapse/

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Former New Hampshire doctor pleads guilty in Medicare fraud …

(5 days ago) WEBA former New Hampshire doctor has pleaded guilty to authorizing orders for medically unnecessary knee, wrist and back braces that were used by companies to …

https://www.wmur.com/article/new-hampshire-doctor-medicare-fraud-guilty-plea/44001143

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