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Health Squared Medical Scheme placed under provisional - Mo…

(7 days ago) People also askWhat happened to health squared?Financially distressed South African medical scheme Health Squared, whose management has taken steps to liquidate it, has been placed under provisional curatorship effective from 8 September 2022. The curatorship order was made as some members of the Health Squared claimed that they have been left in the lurch by both Health Squared and the CMS.Health Squared Medical Scheme placed under provisional - Money…moneyweb.co.zaWhat is health squared?Health Squared was formed by a merger between Spectramed Medical Scheme (Spectramed) and Resolution Health Medical Scheme (Resolution). At the time of the merger, both medical schemes could be described as failing entities.Press Release 13 of 2022: The collapse of Health Squared Medical Sche…medicalschemes.co.zaWill health squared take on other medical schemes?Image: Moneyweb In the wake of news around the pending liquidation of Health Squared Medical Scheme, the Council for Medical Schemes (CMS) confirmed on Tuesday that it is in talks with seven other medical schemes to take on affected Health Squared members.Medical schemes regulator engages other schemes to help Health Squa…moneyweb.co.zaIs Heath squared a 'conventional medical scheme'?In a media statement on Heath Squared’s webpage dated 12 October 2021, principal officer Mabena proclaimed that the 2020 CMS annual industry report confirmed that conventional medical schemes were unable to match the value Health Squared Medical Scheme members could gain with the integration of health cover services exclusively available to them.Health Squared Medical Scheme applies to be wound upmoneyweb.co.zaFeedbackevalyticslabs.comhttps://morningmed.evalyticslabs.comMedical News - Updated Daily Stay Informed, Stay Ahead.AdDon't miss out on the latest in medicine: news, scientific discoveries, health alerts, etc. We gather news from leading sources, making it effortless for doctors to stay informed.Council for Medical Schemes (CMS)https://www.medicalschemes.co.za/collapse-of-health-squaredPress Release 13 of 2022: The collapse of Health Squared Medical …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.moneyweb.co.za/news/companies-and-deals/health-squared-medical-scheme-placed-under-provisional-curatorship/#:~:text=Financially%20distressed%20South%20African%20medical%20scheme%20Health%20Squared%2C,lurch%20by%20both%20Health%20Squared%20and%20the%20CMS.

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Health Squared liquidation: regulator intervenes to help members

(3 days ago) WEBRead “Health Squared Medical Scheme applies to be liquidated”. Today, the Council for Medical Schemes (CMS) released a statement saying it would try to help …

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 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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Maladministration may have been a main cause of Health …

(Just Now) WEBMaladministration was allegedly one of the main causes of the “financial ruin” of South African medical scheme Health Squared, rather than just the Covid-19 …

https://www.moneyweb.co.za/news/south-africa/maladministration-allegedly-a-main-cause-of-health-squareds-financial-ruin/

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Health Squared Medical Scheme applies to be wound up

(5 days ago) WEBIn regard to Health Squared’s age profile, the letter states that as at 31 July 2022, the scheme had an average beneficiary age of 49.7 years, which is 16.1 years …

https://www.moneyweb.co.za/news/companies-and-deals/health-squared-medical-scheme-applies-to-be-wound-up/

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

(9 days ago) WEBRegulator gets its way on the fate of Health Squared. B L Premium. 11 September 2022 - 17:20. UPDATED 11 September 2022 - 23:10. by Garth Theunissen. …

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) WEB05 September 2022 - 17:42. by Tamar Kahn. The high court in Johannesburg has granted Health Squared Medical Scheme leave to apply for voluntary liquidation on September …

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 aid members left in debt as the scheme is liquidated

(7 days ago) WEBNEWS. Silva Taverna-Turisan and her husband fear losing R125 000 of their savings because Health Squared Medical Scheme announced on August 23 that it …

https://www.news24.com/citypress/news/medical-aid-members-left-in-debt-as-the-scheme-is-liquidated-20221009

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Health Squared medical scheme seeks voluntary liquidation

(9 days ago) WEBFor those who belong to a medical scheme in the 90 days before signing up, such as Health Squared’s 23,000 beneficiaries, pre-existing conditions will be …

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

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

(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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Health Squared client receives go-ahead to undergo crucial

(7 days ago) WEBA Health Squared medical scheme client's family had to take extraordinary steps to ensure that an emergency medical procedure was covered by her medical …

https://www.timeslive.co.za/news/consumer-live/2022-09-12-health-squared-client-receives-go-ahead-to-undergo-crucial-operation/

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No solutions tabled yet by Health Squared medical scheme

(5 days ago) 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/2022-08-26-no-solutions-tabled-yet-by-health-squared-medical-scheme/

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USDOJ: US Attorney's Office - District of New Jersey

(6 days ago) WEBNEWARK, N.J. – The former owner and president of Allied Health Care Services, Inc., an Orange, N.J., durable medical equipment corporation, was sentenced …

https://www.justice.gov/archive/usao/nj/Press/files/Schwartz,%20Charles%20Sentencing%20News%20Release.html

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These Newark Area Doctors Involved In $11M Bribe-For-Blood …

(7 days ago) WEB17 N.J. doctors were involved in a $11 million bribe-for-blood scheme, according to the U.S. Attorney's Office. Full list and towns below.

https://patch.com/new-jersey/newarknj/these-newark-area-doctors-involved-11m-bribe-blood-scheme-us-attorney

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Manhattan U.S. Attorney Announces Charges Against 36 …

(Just Now) WEBAs alleged, the scheme relied on a cadre of corrupt doctors who essentially peddled their medical licenses like a corner fraudster might sell fake IDs, except those medical …

https://www.fbi.gov/newyork/press-releases/2012/manhattan-u.s.-attorney-announces-charges-against-36-individuals-for-participating-in-279-million-health-care-fraud-scheme

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Medical schemes regulator engages other schemes to help Health …

(Just Now) WEBHealth Squared Medical Scheme lodged an application in the High Court in Johannesburg on 18 August 2022 in terms of Section 51 of the Medical Schemes Act …

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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Lapse in payments by CarePoint to state program puts funding for …

(8 days ago) WEBCarePoint Health, the troubled operator of half of Hudson County’s six hospitals, has missed more payments worth millions of dollars, and this time the …

https://www.nj.com/hudson/2024/05/lapse-in-payments-by-carepoint-to-state-program-puts-funding-for-other-hudson-hospitals-in-jeopardy.html

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Health Squared members vulnerable with benefits set to end on …

(3 days ago) WEBHealth Squared medical scheme’s administrator, Agility Health, is holding discussions with the scheme to try to ensure its most vulnerable members do not face a …

https://www.businesslive.co.za/bd/national/health/2022-08-30-health-squared-members-vulnerable-with-benefits-set-to-end-on-wednesday/

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Nurse falsified vaccination records for over 100 kids in Rochester NY

(2 days ago) WEBThe scheme began in the 2019-20 school year, just one month after New York repealed non-medical and religious exemptions to school vaccination in June of …

https://www.democratandchronicle.com/story/news/2024/05/07/monroe-county-ny-nurse-sandra-miceli-falsified-vaccination-records-for-over-100-kids-authorities-say/73598750007/

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Health Squared: A month’s reprieve for the most - TimesLIVE

(4 days ago) WEBMore than 50 Health Squared medical scheme members undergoing dialysis will have their treatment and medication covered by the close-to-insolvent …

https://www.timeslive.co.za/sunday-times-daily/news/2022-09-06-health-squared-a-months-reprieve-for-the-most-vulnerable-costly-catches-for-some-joining-other-medical-schemes/

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Adrian Gore: The practical implications of SA’s ‘unfeasible’ NHI

(2 days ago) WEBThis implies that medical scheme cover will be replaced by the NHI at that point in time. While this appears threatening, practically it isn’t. This, for two reasons. …

https://www.biznews.com/leadership/2024/05/17/discoverys-adrian-gore-nhi

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Groundbreaking held for Straub medical campus named

(5 days ago) WEBThe Straub Benioff Medical Center Redevelopment project is a 700,000-square-foot medical campus — nearly triple the size of the current facility. It’s renamed …

https://www.hawaiinewsnow.com/2024/05/17/groundbreaking-held-straub-medical-campus-named-after-salesforce-ceo-wife/

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Children’s health carrier Littlewings to see windfall through return

(9 days ago) WEBChildren’s health transport to see windfall through return and earn program. Recycling plastic bottles will help get regional kids to hospital, as the return and earn …

https://www.news.com.au/lifestyle/health/childrens-health-transport-to-see-windfall-through-return-and-earn-program/news-story/56022a76fa48efc382b07838b24fa3d1

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Medical Schemes regulator to fight Health Squared’s

(4 days ago) WEBThe medical schemes regulator is set to challenge Health Squared medical scheme’s high court application to wind up its business by August 31. Health …

https://www.businesslive.co.za/bd/national/health/2022-08-22-medical-schemes-regulator-to-fight-health-squareds-efforts-to-close-shop/

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NHI ‘triple tax’ and the end of medical aids – what you need to know

(1 days ago) WEBUsing the Department of Health’s 2% surcharge and 2% payroll tax, a South African earning an average salary of R26,000 a month would have to pay an additional …

https://businesstech.co.za/news/business-opinion/771995/nhi-triple-tax-and-the-end-of-medical-aids-what-you-need-to-know/

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Slovakia’s Leader Survives Surgery After Shooting, Deputy Says

(3 days ago) WEBAdvertisement. May 15, 2024, 5:33 p.m. ET. James C. McKinley Jr. Slovakia’s deputy prime minister, Tomas Taraba, told the BBC late on Wednesday that Fico’s …

https://www.nytimes.com/live/2024/05/15/world/slovakia-prime-minister-fico-shooting

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