Tuesday, October 19, 2021

Pula Medical Aid emerges winner in Symphony Health Trust downfall

Pula Medical Aid Fund has emerged as the winner in the downfall of Symphony Health Trust which was placed under the Curatorship of attorney Maemo Mesotlo following a court order in December 2017.

Pula Medical Aid had submitted a proposal to the members of Symphony Health Trust which is expected to result in the Trust members transferring to Pula.

According to Mesotlo, Pula’s proposal was approved by Symphony Health Trust members at the 2nd Special General Meeting held on 22 March 2018.

He said on 20 February 2018, The Curator, acting on the resolution of Beneficiaries (Members) of Symphony Health Trust passed at the Special General Meeting held on 19 February 2018, invited proposals from suitably qualified and experienced medical aid schemes or other similar entities registered and operating in Botswana, to submit proposals for the acquisition and administration of Symphony Health Trust.

Regarding active and paid up members of Symphony Health Trust, Mesotlo said members who wish to transfer to Pula will be subject to the terms and conditions of the offer submitted by Pula and enjoy the full benefits of becoming a Pula member.

This he said, will include, discounted medical aid subscriptions, reimbursement of members’ refunds in respect of claims paid up front to medical health care service providers, management, by Pula, of outstanding medical/health care service provider claims to the extent to be confirmed by Pula upon conclusion of the transfer arrangement; and provision of medical aid scheme administration service.

Mesotlo said terminated members of the Trust will remain personally liable for any outstanding medical health care service provider claims, which accumulated during their membership tenure with the Trust.

He, however said terminated members are welcome to join Pula through the transfer arrangement and their medical health care service provider claims will be managed by Pula on their behalf, the extent of which is to be determined upon conclusion of the transfer arrangement.

Terminated members who are already members of Pula are advised to re-join Pula through the transfer arrangement and will enjoy the same benefits as members of Symphony Health Trust who will be transferring to Pula. 

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