Insuremed Administrators (Pty) Ltd is a specialist Underwriting Manager with our core business being the sourcing, administering and servicing of Gap Cover products.
Through our associated partners we have access to Gap Cover providers, a dedicated campaign management & distribution capability and administration services which enable us to deliver customised Gap Cover solutions of the highest quality.
Insuremed was founded in 2012 and with Western National Insurance Company and Old Mutual Insure as underwriters, a national base of clients are serviced with medical expense shortfalls and co-payment cover.
The company’s structure has been established to ensure efficient new business processing, a clear-cut claims administration process and uncomplicated underwriting.
Our entire business is focused on operational efficiency, with the primary objective being easy access and convenience from a client experience point of view.
The key is to ensure the product and offering is appropriately priced, structured and serviced in order to complement the medical scheme benefit of the client as an enhancement to his/her health portfolio.
GapCover® is the registered trademark of the short term insurance product which, with CoPay Cover, is managed by Insuremed as binder holder and underwriting manager.
GapCover® provides cover for medical expense shortfalls that could occur during in-hospital procedures when medical service providers charge up to 500% more than what the medical scheme tariff is.
CoPay Cover can be taken on its own or combined with GapCover® and offers cover for the co-payments that are imposed by medical schemes during in- and out-of-hospital procedures for certain procedures and scans.