CMS hits back at BHF’s ‘bullying’ allegations
CMS hits back at BHF’s ‘bullying’ allegations

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Moonstone Monitor | 2 May 2024
IN THIS WEEK'S ISSUE
Top stories
High Court orders insurer to reconsider unfair debarment carried out in 2016
CMS denies it is sabotaging medical schemes to boost NHI
In the news
Deadline looms: MBSE’s CPD courses offer last-minute solutions for professionals
Ransomware surge signals growing cybersecurity risks, Aon report warns
How can gap cover add value for my clients and how do I help them choose the right policy?
Weather-related catastrophes ‘signal a looming crisis’ for insurance market
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In Lighter Wyn
Lest we forget
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ADVERTORIAL
GTC banner 2023-10-02
Two-pots is here (and in reality, this will be four pots), as opposed to the existing one-pot. How is it looking in your kitchen?

Fund members will require sophisticated fund administration accommodating the numerous alternative elective pre-retirement withdrawals of the Two-pots retirement system. They will also require additional - professional - counselling regarding the impact of premature pre-retirement withdrawal. Are you and your funds ready for this legislation?

Book a presentation with our CEO Gary Mockler to see how GTC can assist 13B administrators and benefit consultants with the relevant business processes associated with Two-pot.

Visit our website at www.gtc.co.za.

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TOP STORIES
High Court orders insurer to reconsider unfair debarment carried out in 2016
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Top story read button
CMS denies it is sabotaging medical schemes to boost NHI
The regulator comes out swinging in its response to the Board of Healthcare Funders’ claims of bullying and curatorship abuse.
Top story read button
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IN THE NEWS
Deadline looms: MBSE’s CPD courses offer last-minute solutions for professionals
Moonstone Business School of Excellence’s CPD courses offer flexible e-learning options that can be completed on various devices, anytime and anywhere.
Itn read button
Ransomware surge signals growing cybersecurity risks, Aon report warns
A number of high-severity ransomware incidents hit insurers’ books in 2023, Aon South Africa’s 2024 Insurance State of the Market Report says.
Top story read button
How can gap cover add value for my clients and how do I help them choose the right policy?
The difference between medical scheme cover and medical insurance – and where gap cover fits in.
In the news 3 read button
Weather-related catastrophes ‘signal a looming crisis’ for insurance market
Price increases will be necessary to fund the level of coverage policyholders have previously enjoyed, says Old Mutual Insure.
In the news 4 read button
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Career opportunities
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CAREERS PLATFORM - INDUSTRY POSITIONS
 
Broker/Representative: GBW Financial Planners, Cape Town.
‘Broker – to be tied or not to be tied’? That is the question.
Read more
Gap Cover Claims Assessor: Cura Administrators, Pretoria. We are looking for a competent, dependable, and energetic Gap Cover claims administrator to manage Gap Cover claims. Related medical scheme experience is essential.
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Representatives and Brokers: Manage All, Pretoria and countrywide. Manage All invites brokers and representatives to join our brokerage and market our range of medical scheme products. Applicants must have a reputable track record in the financial services industry and must be compliant with Fit and Proper regulations.
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Client Services Administrator Medical Schemes: Manage All, Pretoria. We are looking for a competent, dependable and energetic client services administrator to manage medical scheme queries. Requirements include: RE5, Class of Business training in Health Benefits. Related Medical Scheme experience essential.
Read more
Policy Administrator / Underwriter: Glenwood Brokers (Pty) Ltd, Pretoria. Glenwood Brokers is an established short-term Financial Service Provider situated in the East of Pretoria. We have a position available in the policy administration department. The role is focused on providing an end-to-end service and support to our clients.
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CAREERS PLATFORM - MOONSTONE POSITIONS
 
For career opportunities currently available at Moonstone please click the button below.
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IN LIGHTER WYN
Lest we forget
Remember the dark days of the Covid lockdown? Let’s take a trip down memory lane with “lockdown lingo”.

Coronacoaster: The ups and downs of your mood during the pandemic. You loved lockdown one minute but were suddenly weepy with anxiety the next. It truly was “an emotional coronacoaster”.

Quarantinis: Experimental cocktails mixed from whatever random ingredients you had left in the house. The boozy equivalent of a store cupboard supper. Southern Comfort and Ribena quarantini with a glacé cherry garnish, anyone? These were sipped at “locktail hour”, i.e. “wine o’clock” during lockdown, which seemed creep earlier with each passing week.

Coronials: As opposed to millennials, this referred to the future generation of babies conceived during the coronavirus quarantine. They might also become known as “Generation C” or, more spookily, “Children of the Quarn”.

Furlough Merlot: Wine consumed to relieve the frustration of not working. Also known as “bored-eaux” or “cabernet tedium”.

Coronadose: An overdose of bad news from consuming too much media during a time of crisis. It could result in a “panicdemic”.

The elephant in the Zoom: The glaring issue during a videoconferencing call that nobody felt able to mention. For example, participant had dramatically put on weight, suddenly sprouted terrible facial hair, or had a worryingly messy house visible in the background.

Quentin Quarantino: An attention-seeker using their time in lockdown to make amateur films that they were convinced were funnier and cleverer than they actually were.

Covidiot or Wuhan-ker: One who ignored public health advice or behaved with reckless disregard for the safety of others was said to display “covidiocy” or be “covidiotic”. Also called a “lockclown” or even a “Wuhan-ker”.

Goutbreak: The sudden fear that you had consumed so much wine, cheese, home-made cake, and Easter chocolate in lockdown that your ankles were swelling up like a medieval king’s.

Antisocial distancing: Using health precautions as an excuse for snubbing neighbours and generally ignoring people you found irritating.

Coughin’ dodger: Someone so alarmed by an innocuous splutter or throat-clear that they backed away in terror.

Mask-ara: Extra make-up applied to “make one’s eyes pop” before venturing out in public wearing a face mask.

Covid-10: The 10 kilograms in weight that we gained from comfort-eating and comfort-drinking. Also known as “fattening the curve”.

 

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