Health Legislation

This Act regulates the private insurance industry by setting out the legal framework for the licensing, operation, and supervision of insurance companies, ensuring solvency, etc.

The Act consolidates the laws relating to registered medical schemes; provides for the establishment of the Council for Medical Schemes as a juridical entity; provides for the appointment of the Registrar of Medical Schemes; makes provision for the registration and control of certain activities of medical schemes; protects the interests of members of medical schemes; provides for measures for the co-ordination of medical schemes; and provides for incidental matters.