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GTC Press Release

GTC’s 2016 Medical Aid Survey launched

The sixth annual research survey by GTC Healthcare Consulting provides analysis and ranking of different medical aid plans, according to the various options offered and available by South Africa’s 23 open medical aid providers. Click here to download the pdf version of the 2016 survey. For any queries, please contact Jillian Larkan on (021) 412 1062 or jlarkan@gtc.co.za.

GTC on Air – strict process for companies wishing to recover stolen money from employee pension fund pay outs.

Listen to the audio clip where Warwick Hamilton’s interview with Victor Kgoemoeswana during his Power Hour show on PowerFM (98.7FM) on the topic of the “strict process for companies wishing to recover stolen money from employee pension fund pay outs.” Click here to listen to Jill Larkan, Head – Healthcare Consulting, as she talks to John Maytham on Cape Talk about the 2016 Medical Aid Survey.

GTC and the JSO on air

Listen to the audio clip where Jeff Matthee, the Chairman of the Johannesburg Symphony Orchestra (JSO) and others were interviewed on the Jozi Today show on Radio Today. This entertaining interview covered the JSO’s involvement at bike rallies in Gauteng and created an opportunity for some on air exposure for GTC in terms of our sponsorship of the JSO. Listen here

JSO and aspiring young soloists perform musical magic at 128th Young Artists’ Concerto Festival

Continued endorsement of the JSO by key sponsors GTC ensures ongoing opportunities for young musicians. The Johannesburg Symphony Orchestra (JSO) celebrated its 128th Young Artists’ Concerto Festival yesterday – on Sunday afternoon – as nine young soloists performed alongside the 40-person orchestra at the Linder Auditorium. The performance also featured the JSO’s first ever tuba concerto performance by Deán Cromhout this afternoon. GTC’s sponsorship of the JSO facilitates its ongoing commitment to developing musical talent in South Africa. Nine young soloists performed in this concerto festival. They displayed remarkable talent and boasted significant musical achievements as part of their accolades. The festival also featured the following young artists and instruments: pianists Landi Schaap & Beate Boshoff, flautist Georgia Burnett, bassoonist Zinhle Mfaba, So Jung La on clarinet, violinists Andrew Gilbert & Natali Schutte. “We are excited to have so many different...
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GTC partnership with TEP an “ideal strategic collaboration”

22 October 2015 GTC, one of the country’s leading financial advisory services providers, today announced a strategic partnership with the Tourism Enterprise Partnership (TEP), a non-profit growth and development company, established by the Business Trust. The partnership will see GTC providing commercial guidance and holistic financial services solutions to the TEP’s wide range of small to medium-sized tourism businesses.   Similarly, bolstered recognition and endorsement of the TEP by an established financial business such as GTC will deliver long-term returns for the company’s key strategic partners and its entrepreneur companies. “We’re delighted to strengthen our business offering through this partnership with GTC,” says Dr Salifou Siddo, chief executive of the Tourism Enterprise Partnership.  He was addressing key executives at the formal partnership signing ceremony which was held in Illovo this morning. “One of our key drivers in the development of...
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Medical aid risk assessment: The oft-overlooked responsibilities in King III

Medical Aid Risk Assessment, by Jillian Larkan, Head of Healthcare Consulting at GTC 17 September 2015 South African companies are well acquainted with the concept of corporate governance and risk management, as succinctly outlined in the King III Report on Corporate Governance. This set of guidelines has become a standard for all businesses who take their reputation seriously, and it has undoubtedly contributed to the country consistently ranking tops among the world’s most compliant economies. One aspect that may be overlooked by many, however, is a company’s roles and responsibilities with regard to the organisation’s chosen medical aid provider. The reason it tends to be overlooked is that it is not specified in King III, even though it clearly falls within the ambit of two important provisions in the code. All too often the annual review of a medical aid provider...
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Medical Aids – Are we in for greater pricing regulation?

7 September 2015 The Council for Medical Schemes (CMS) annual report released last week provides for much reflection on the state of cover for medical expenses in South Africa. That which is most interesting is the unspoken, but intimated suggestion that the country may be moving to an environment of greater regulation of medical care pricing. CMS chairman Prof. Yusuf Veriava writes in his report of the introduction of prescribed medical benefits (PMBs) in 2004 and how the intention to provide access to basic and adequate healthcare had been overthrown by the 2010 High Court judgment that set aside the National Health Reference Price List (NHRPL) regulations. “Controversial as they are, PMBs remain the perfect mechanism to link the future National Health Insurance (NHI) system with the private healthcare financing industry,” he wrote. Jill Larkan, Head of Healthcare Consulting at...
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New GTC Healthcare research reveals that navigating medical aid plan choices is unnecessarily complicated

9 June 2015 Choosing a medical aid to suit an individual or family’s needs remains a daunting task, and unnecessarily so. “It’s not the wide range of medical aid providers which makes this choice difficult, but rather it is the fact that these providers make it nearly impossible to formulate meaningful comparisons between the different plans,” says Jill Larkan, head of GTC Healthcare Consulting at SA’s established and leading financial advisory business GTC. “We seem to be in a situation where the providers are trying to make their plans more attractive by adding on multiple options which actually ends up making comparisons even more difficult.” Larkan has first-hand experience of the difficulties which medical aid members face by virtue of the GTC Medical Aid Survey that is compiled by the Healthcare Consulting team on an annual basis. This survey is...
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GTC’s need for speed wins best in class and brand recognition

May 2015 GTC, a leading South African financial advisory services business, sponsors a twin turbo charged Nissan 350Z race car.  Amongst its achievements, the GTC race car recently won its class, whilst also being faster than a number of other cars in higher categories including some Mitsubishi Evo’s, the Ferrari 458, some Wesbank V8’s and some of the Porsches. Sponsored by GTC, Mark White Nissan, Motul and Stingray Graphix, this was the first competitive race for GTC’s Nissan and the team was delighted to win its class as newcomers to the racetrack. The GTC race car competed in the Simola Hill Climb, “King of the Mountain” event in the highly competitive 6-cylinder forced induction category for two-wheel drive cars.  The annual event is held in Knysna and this year’s King of the Mountain race took place from 15 to 17...
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