Posted
Sep 30, 2026
Country
KR
Industry
Healthcare
What was taken
samwumed.org zoominfo.com/c/samwumed/346685548 SAMWUMED (founded 1952, Cape Town) is a closed, self-administered medical aid scheme serving South African municipal workers — roughly 35,000 members and 73,000 covered lives. It collects about R1.9 billion/year in contributions, kept reserves over R1.3 billion and posted a R14.3 million surplus in 2024 (solvency 68% vs the 25% legal minimum). Plans are income-banded and cheap (from ~R750/month with a 60% employer subsidy), covering hospitals, docto