Looking back at 2024

As we approach the end of 2024, it's time to reflect on milestones and events that shaped our year at AMS. Our Principal Officer, Julia le Roux, has served the Scheme for over a year already and brought a fresh perspective and innovative ideas to our Scheme. We held Trustee elections and thank all our members who participated in shaping the future of our Scheme. Our AGM was yet another successful member meeting, with no concerns raised by members, or by the representatives of the Council for Medical Schemes attending the meeting.

The National Health Insurance (NHI) continued to advance through the legislative process. The president signed the bill into law in May 2024 and we expect the Department of Health to publish draft regulations for public comment shortly. Key personnel will need to be appointed to oversee various aspects of the NHI rollout. While the NHI aims to provide equitable healthcare access to all South Africans, its success will depend on effective implementation, adequate funding, and seamless integration with existing healthcare systems.

The implementation will still take many years, and AMS' business and operations will in the meantime continue as usual. The Board is vigilantly monitoring any developments and is committed to keeping members informed. In 2024, the financial markets experienced a mix of challenges and opportunities, but our investment strategy remained resilient, and the Trustees focused on maintaining a balanced portfolio to safeguard our assets. Our strategic approach and our solid funding position has positioned us well for the future.

Throughout the year, we enjoyed valuable member feedback and engagements. We are committed to maintaining an open dialogue and continuously enhancing your member experience. Please stay engaged and continue to contribute to your Scheme.

The Board of Trustees and the Head Office team wish you a healthy and happy holiday season and look forward to serving you in the new year.

Published December 2024