In the media
Medscheme awarded POLMED administration and managed care contracts17 September 2015
The Trustees of the South African Police Service Medical Scheme (POLMED) recently announced the award of both its administration and managed care contracts to Medscheme (Pty) Limited, a subsidiary of Afrocentric Health Limited, which in turn is a subsidiary of black-owned and controlled, Afrocentric Investment Corporation Limited (Afrocentric). POLMED provides medical benefits to employees of the South African Police Services (SAPS) and is the fourth largest medical scheme in South Africa covering some 500,000 beneficiaries.
Mbasa Mxenge, the Principal Officer of POLMED says: "South Africans are fortunate to have several competent medical scheme administrators, one of which is Medscheme. However, given the Quality Service Awards recently received by Medscheme and having been voted the administrator with the most satisfied scheme members, POLMED Trustees were pleased to confirm Medscheme's final appointment on 2 September 2015 after an inclusive due diligence process.”
Mxenge confirmed that the contract comes into effect on 1 January 2016.
“With their extensive experience and sector expertise, we are confident that Medscheme will successfully take on the project within the specified timeframe, while seamlessly integrating our membership data onto their system platform,” Mxenge concludes.
Medscheme currently administers over 20 medical schemes, including Bonitas and the Fedhealth open schemes as well as closed schemes for notable corporates which, amongst others, include Sasolmed, SABC, and AECI.
Medscheme’s CEO, Kevin Aron says: "We are delighted to have been awarded these two strategic contracts which underscores the Trustees' confidence in Medscheme's capability. Medscheme has a proven record of administering large schemes and we are confident that we will provide the excellent service levels to which our existing clients are already accustomed."
Dr Anna Mokgokong, Chairperson of Afrocentric expressed her pleasure at the appointment and shared similar sentiments: "The POLMED appointment is a significant acknowledgement of Medscheme's vital role in administration and claims management in South Africa. From humble beginnings and in an intensely competitive environment, Afrocentric's growth and progress is certainly a good South African transformation story to tell. We are honoured to have been given the opportunity to service our esteemed men and women of the South African Police Services.”
Source: FA News