Insights
KHUSA is your objective choice in Retirement Funds, Group Risk Cover and Healthcare Solutions.
Part I: The Independent Outlook
Advisory HOW YOUR INDEPENDENT EMPLOYEE BENEFITS CONSULTANT BENEFITS TOMORROW’S GROWTH Individuals in South Africa tend to be over insured when it comes to their Healthcare solution, but under invested for their retirement. Assessing and activating employee benefits more holistically – with an...
Healthcare: the Right that has been Wronged.
I have been in this industry for 25 years … and I don’t regret a single day! It’s true that you won’t hear many teenage boys lamenting about wanting to be a Retirement Fund Advisor or a Health Insurance Expert - they’re all about flying fighter jets, putting out ferocious fires or playing...
Resilience. It’s a South African thing.
There is something unique about us. Us South Africans. We love our weekends, our braais, our rugby and our inherent ability to bounce back. As a nation, we have weathered and surpassed many a political and economic struggle over hundreds of decades. And we keep on. It’s called Resilience. And...
3 Problems with The 3-Year Rule
Government has thrown a considerably large spanner in the works for South Africans wanting to leave the country and start over somewhere else. The spanner comes in the shape of the proposed Draft Taxation Laws Amendment Bill, 2020 (Draft Tax Bill) published by the National Treasury for public...
Government’s Ferrari Problem
Between 2005 and 2009, South Africa spent less than it earned and racked up a small, but wonderful surplus. Since then the country has accumulated a debt of more than R2.5 trillion. To put this into perspective, imagine if you can five-hundred-thousand brand new top of the range Ferrari’s parked...
Important Points to Ponder
“Some of the best things that have ever happened to us wouldn’t have happened to us, if it weren’t for some of the worst things that have ever happened to us.” - Mokokoma Mokhonoana We offer detailed, tailor-made solutions to suit your business and your people. Our service categories are flexible,...
KHUSA in Favour of Three Plausible Positives
What could go right with mitigating the risk of reopening in the time of Covid-19 The Covid-19 pandemic has disrupted the world in ways not seen for over a century. Not only are we fighting an invisible enemy, we’re fighting it with very little data and no experience overcoming a challenge of this...
COVID-19
Multinational catastrophic events invariably have the effect of bringing people together. They also have the habit of throwing light on real leadership while allowing unsteady orchestration to be flushed out and washed away. Covid-19 will prove to be no different. KHUSA Consulting have a firm...
Council for Medical Schemes scraps low-cost healthcare benefits
The medical schemes industry has been hit with a shocking circular sent by the Council for Medical Schemes stating that no primary health insurance plans and low-cost benefit packages would be permitted after 2021. KHUSA Consulting was asked to provide insight into the everchanging legislative...
Fixed low-cost benefit options Don’t ban them
Insurance companies selling low-cost benefit options that the medical aid regulator wants scrapped next year say what should be done instead is to fix alleged deficiencies and bring rogue players to book. The Council for Medical Scheme (CMS) issued a circular in December, saying that these primary...
Increasing Access to Quality Healthcare
In December, the Council for Medical Schemes (CMS) announced that no Low-Cost Benefit Options (LCBOs) will be allowed for low-income consumers and no health insurance products will be allowed beyond March 2021. The pronouncements do not reflect a well-considered, balanced view on how to increase...
3 Big Solutions to Circular 80
On the 4th of December 2019 the Council for Medical Scheme (CMS) announced by means of a circular, the ban on all Low Cost Benefit Options (LCBOs) aimed at low-income households who can’t afford private healthcare. The announcement sent a shockwave through the healthcare insurance industry, which...