All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Explain the Medicines and Related Substances Control Amendment Act, 59 of 2003, as it impacts on medical schemes |
SAQA US ID | UNIT STANDARD TITLE | |||
113932 | Explain the Medicines and Related Substances Control Amendment Act, 59 of 2003, as it impacts on medical schemes | |||
ORIGINATOR | ||||
SGB Financial Services | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Finance, Economics and Accounting | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 4 | NQF Level 04 | 2 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Registered" |
2004-02-11 | 2007-02-11 | SAQA 1852/04 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2008-02-11 | 2011-02-11 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard is replaced by: |
US ID | Unit Standard Title | Pre-2009 NQF Level | NQF Level | Credits | Replacement Status |
243149 | Explain the Medicines and Related Substances Control Amendment Act, 59 of 2002, as it impacts on medical schemes | Level 4 | NQF Level 04 | 3 |
PURPOSE OF THE UNIT STANDARD |
This Unit Standard is intended for learners in a financial services environment. It will add value to healthcare benefits administrators, financial planners, intermediaries financial advisers, healthcare intermediaries, product developers, co-coordinators of medical schemes, financial call centre agents and trustees of medical schemes and retirement funds. It complies with the current legislated practices in giving financial advice.
The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
There is open access to this Unit Standard. Learners should be competent in Communication, Mathematical Literacy and Financial Literacy at Level 3. |
UNIT STANDARD RANGE |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Explain the purpose of the Medicines and Related Substances Control Amendment Act, 59 of 2003. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. Reasons for the introduction of the Act are explained with reference to the supply chain and the impact on profit margins. |
ASSESSMENT CRITERION 2 |
2. The implications of the Act for the private sector are explained with examples. |
ASSESSMENT CRITERION 3 |
3. The relationship between the Medical Schemes Act and the Medicines and Related Substances Control Amendment Act is explained with reference to the supply and pricing of medicines and controlled substances. |
SPECIFIC OUTCOME 2 |
Analyse the impact of the Act on the pricing of medicines and controlled substances. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. The concept of a single entry and exit price is explained with examples. |
ASSESSMENT CRITERION 2 |
2. The role of the Pricing Committee is explained and an indication is given of how the committee determines the exit price of medicines and controlled substances. |
ASSESSMENT CRITERION 3 |
3. The impact of the Act on the distribution of medicines and controlled substances is explained with reference to discounts, rebates, volume discounts, mark ups and sampling. |
ASSESSMENT CRITERION 4 |
4. The State tender price and single entry price are compared and an indication is given of the disparities between the two. |
SPECIFIC OUTCOME 3 |
Analyse the implications of the Act for the supply of medicines and controlled substances. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. The difference between a generic and a patent drug is explained and an indication is given as to why generics are cheaper. |
ASSESSMENT CRITERION 2 |
2. The implications of the Act for the supply of medicines and related controlled substances is explained with reference to dispensing persons. |
ASSESSMENT CRITERION 3 |
3. The implications of the Act for medicine outlets is explained with examples. |
SPECIFIC OUTCOME 4 |
Explain the impact of the Act on service providers. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. The concept of a professional fee is explained and an indication is given of the advantages and disadvantages of a set fee to the pharmacist, medical scheme and the consumer. |
ASSESSMENT CRITERION 2 |
2. The impact of the Act on dispensing doctors is explained with examples. |
SPECIFIC OUTCOME 5 |
Analyse the major impact of the Act on medical schemes. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. The impact of prescribed minimum benefits on medical schemes is explained with examples. |
ASSESSMENT CRITERION 2 |
2. The role of the State in the provision of minimum benefits is explained and an indication is given of the relationship between State facilities and medical schemes. |
ASSESSMENT CRITERION 3 |
3. The implications of the chronic disease list for medical schemes is explained with reference to the structuring of formularies, preferred provider networks and the State tender price. |
ASSESSMENT CRITERION 4 |
4. The impact of the Act on access to medical facilities by private sector members is explained with reference to medicines and services. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
Accreditation for this Unit Standard shall be obtained from the relevant Education and Training Quality Assurance Body, through summative and formative assessment by a registered assessor.
Moderation should include both internal and external moderation where applicable. |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
N/A |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO COLLECTING |
The learner is capable of collecting, organising and critically evaluating information in analysing the implications of the Act for pricing, supply of medicines and controlled substances, service providers and medical schemes. |
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
UNIT STANDARD NOTES |
This unit standard has been replaced by unit standard 243149, which is " Explain the Medicines and Related Substances Control Amendment Act, 59 of 2002, as it impacts on medical schemes ", Level 4, 3 credits. |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 49356 | Further Education and Training Certificate: Medical Claims Assessing | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | INSETA |
Elective | 49649 | Further Education and Training Certificate: Long-term Insurance | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | INSETA |
Elective | 57613 | Further Education and Training Certificate: Short-Term Risk Management | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2012-06-30 | INSETA |
Elective | 48640 | National Certificate: Financial Services Management | Level 4 | Level TBA: Pre-2009 was L4 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | INSETA |
Elective | 48493 | National Certificate: Financial Services: Wealth Management | Level 4 | NQF Level 04 | Passed the End Date - Status was "Registered" |
2007-02-11 | Was INSETA until Last Date for Achievement |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
NONE |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |