The medical schemes industry is rapidly changing and increasing in its complexity. The industry continues to be transformed by the effects of mergers and amalgamations, solvency measures, accounting standards developments, advancing technology and enhanced risk management and compliance requirements. We have a dedicated medical schemes industry group with extensive experience in providing services to both medical schemes and administrators. These services include audit, internal audit, and consulting services. Here in South Africa we have established a considerable skills base, with an in-depth knowledge of the functions and operations within the Medical Schemes Industry.
PwC serves on the South African Institute of Chartered Accountants (SAICA) Medical Scheme Interest Group and formed part of the working committee responsible for drafting the Audit and Accounting Guide on Medical Schemes. Our national Medical Scheme’s industry group, of which Ilse French is currently the National Leader, is situated in our Gauteng practice. This group, in addition to the normal structured audit, provides the following value added services to clients in the Medical Schemes Industry: