Regulatory Alerts2023-12-20
Added
Unapproved 2024 Fund Rules of Renaissance Health Medical Aid Fund
The Registrar of Medical Aid Funds has not approved Renaissance Health Medical Aid Fund's implementation of a 13.25% average contribution increase effective 6 December 2023 for the 2024 financial year, nor certain amendments to benefit limits. Only an overall contribution increase of 9.99%, approved on 1 December 2023, is valid. Any increase in contribution rates exceeding 9.99% and the unapproved benefit limit changes are invalid.