Fedhealth Medical Scheme

Image placeholder
Fedhealth Medical Scheme
  • Fedhealth Medical Scheme
  • Year : Jan 2020
3 Tokens
USD 300.00

Fedhealth Medical Scheme’s (“Fedhealth”) rating is underpinned by a strong financial profile (a function of strong solvency, sound liquidity and adequate earnings), which is offset by an aged member base and moderate market position. The rating also factors in the recent amalgamation between Fedhealth and Topmed Medical Scheme (“Topmed”). Topmed is a small sized scheme which exhibits very strong solvency, although exposed to high earnings risk under the current operating model.

Additional Information

Fedhealth is an established player in the South African open medical schemes industry, covering around 144,554 beneficiaries at year-end FY18. The scheme benefits from a long-standing relationship with its administrator, Medscheme, which is considered to be a prominent administrator in the South African Medical Schemes arena.

Related Publication

Bankmed (2013-05)

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.

Credit Outlook on South African Medical Schemes Amidst The COVID-19 Pandemic

Despite potential earnings strain, GCR expects most rated schemes to remain resilient, given sufficient reserve buffers, although schemes with lowe...


Securitisation is seen as an alternative to on-balance sheet funding and a form of disintermediation, allowing corporates and other institutions to...

Available Purchase Options: