HFA now offers Trustee Training through a series of online lectures, enabling trustees and other professionals working within the medical schemes industry to learn at their own pace and at a time that suits their schedules.

Module 1 provides a comprehensive introduction to the medical schemes environment. It covers key data and insights on the size of the industry, patterns of expenditure, and governance structures, equipping new trustees with the foundational knowledge needed to carry out their responsibilities effectively.

Module 2 explores the financial soundness of medical schemes in greater depth. Topics include scheme income and expenditure, regulatory oversight, capital requirements, and the criteria used to assess financial sustainability. The lecture also examines recent medical scheme failures and the lessons arising from them.

Upcoming lecture recordings will cover:

• Prescribed Minimum Benefits (PMBs)
• The role and responsibilities of trustees
• Benefit design
• National Health Insurance (NHI) and universal healthcare
• Managed care
• Fraud, waste, abuse and errors (FWA)

Please watch this space for further updates as additional lectures are uploaded.