Momentum Medical Scheme

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Momentum Medical Scheme
  • Momentum Medical Scheme
  • Year : Apr 2021
3 Tokens
USD 300.00
Summary

Momentum Medical Scheme’s national scale financial strength rating reflects a strong membership profile and intermediate financial profile, underpinned by moderately strong liquidity, coupled with intermediate earnings and capitalisation. The membership profile has been maintained within a strong range over the review period, supported by a comparatively low beneficiary average age and pensioner ratio, together with a strong market share, accounting for about 7% of the open schemes market.

Additional Information

The Stable Outlook reflects expectations that the scheme will maintain an intermediate financial profile, while a potential moderation in the membership profile is expected, emanating from ongoing economic challenges resulting in a restrained market position. The rating may be upgraded following sustained improvements in earnings and statutory solvency, while current competitive position and liquidity strengths are maintained.

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