Board News

Expressions of interest sought for Director role - 2016

Medical / Health sector background

Southern Cross Medical Care Society is seeking expressions of interest from suitably qualified individuals to join its Board. The Society is looking for a non-executive director with extensive knowledge of the private health sector to fill a vacancy arising from the impending retirement of a long-standing, medically-qualified Board member. To maintain a high level of clinical experience and understanding around the Board table, a medical background is strongly preferred.

In addition, prospective candidates should have governance experience appropriate to an organisation the size and nature of Southern Cross. They should also meet threshold requirements as outlined in the Society’s Rules, Fit and Proper criteria set out in the Society’s Fit and Proper Policy, and Reserve Bank of New Zealand standards for directors of licensed insurers. Expressions of interest are sought by 6 May 2016. The Board’s preferred candidate will be identified by 1 September and endorsed by the Board for election at the Society’s AGM on 1 December 2016.

The Candidate Information Memorandum below provides additional background information.

 Candidate Information Memorandum

Please send your expression of interest and CV to eoi@prconsult.co.nz or enquire in confidence to Peter Ross on 027 485 4572.
   

Society Rules Consultation - 2015

Thank you to those members who provided input to the Society's Rules consultation from 22 July to 27 August 2015.  Member submissions were considered by the Board and the updated Amended Rules were the subject of a Special Resolution that was passed at the Society's AGM on 1 December. Some of the Rules updates arose from recent law changes; others were intended to make the Rules simpler, more modern, and easier to understand.

The new Rules were registered with the Registrar of Friendly Societies with effect from 17 December 2015.

 The Rules 2015
   

Member Tenure Project - 2012

This project was established as a result of two resolutions passed at the Society’s 2011 AGM to look into the subject of recognising members of long-standing.  The project commenced in March 2012 and concluded in August 2012. It encompassed member consultation, research, detailed data analysis and evaluation of possible discount models.
The idea of providing premium discounts to members based on their length of membership was explored.  However, the project found that such a discount would not be equitable to all members and would be unsustainable for the Society so could not be pursued.  This outcome does not diminish the concern long-held by the Board and management about rising healthcare costs and the high cost of premiums for older members. 


Other Board News

Following are links to news items, reports and updates related to the Governance of the Southern Cross Medical Care Society (the legal name of the Southern Cross Health Society).