Does Rhodes University benefit in any way by appointing ABSA HCC or by enforcing the rule that students must belong to a South African Medical Aid?
No, by law no money can be paid from medical aid contributions other than the administration fee/non-health care cost (to run the scheme and for managed care – e.g. doctor networks, HIV programmes etc) and the intermediary commission.
Therefore, RU does not benefit in anyway financially from the arrangement. The benefit to the university is mitigating the risk of having students on inferior cover or students running the risk of not being assisted by private facilities in case of major emergencies.