News

Liberty Health to take over Medicover Administration

Liberty Health announced that the Competition Commission and the Council for Medical Schemes have given their approval for Vmed to take ownership of Medicover's administration and managed healthcare capabilities. Vmed is the administration business of Liberty Health.

Commenting on the receipt of the approvals, Liberty Health Chief Executive, Peter Botha, said:

"The transaction has resulted in Vmed increasing the number of lives to whom it provides administration services to over 350 000 - creating a partnership that will allow for continued growth and expansion. Considerable forward planning has taken place to ensure a seamless transition from existing administration arrangements to our modern, leading-edge systems. The changeover has been structured to ensure no disruption to claims handling, call centre access or member services".

The administration of Medicover by Vmed commenced on the 1 January 2009.