SAQA 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: 

Analyse new developments reported in the media that could impact on long term insurance 
SAQA US ID UNIT STANDARD TITLE
12326  Analyse new developments reported in the media that could impact on long term insurance 
ORIGINATOR
SGB Insurance and Investment 
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  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2004-12-02  2007-12-02  SAQA 1657/04 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2008-12-02   2011-12-02  

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 does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended to promote general knowledge and understanding of current affairs in the field of Long term Insurance in order to ensure knowledgeable and informed workers in the industry. It addresses a broad base of medical and health related knowledge and requires the analysis of current affairs as they could impact on wellness and life expectation.

The qualifying learner is capable of:
  • Analysing events reported in the media that have implications for long term insurance and the effect that changing technology could have on one of the sub sectors of long term insurance.
  • Interpreting medical news events of importance to one of the long term insurance sub sectors.
  • Analysing trends in the spread of diseases and mutation of viruses that will impact on a sub sector of long term insurance.
  • Interpreting the results of HIV/AIDS and other research and the implications of these results for a sub sector of long term Insurance.
  • Analysing the spread of disease in Africa.
  • Making decisions and suggesting possible solutions to problems related to long term insurance.
  • Applying knowledge of medical innovations and events to a sub sector of long term insurance. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    There is open access to this unit standard. Learners should be able to:
  • Identify events reported in the media that impact on the medical aspects of the insurance industry.
  • Understand the structure of Long Term Insurance in South Africa.
  • Be competent in Communication and Mathematical Literacy at NQF Level 3. 
    		•

    UNIT STANDARD RANGE 
    The typical scope of this unit standard is:

    1. Articles from medical and insurance journals and publications, news from a daily or weekly newspaper, television or radio newscast electronic or other news media. Learners are not expected to access information from dedicated medical journals.
    2. Long term insurance means Life Insurance, Healthcare Benefits Administration, Group Benefits and Personal Accident Insurance. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Analyse articles & reports from current print & electronic media. 
    OUTCOME NOTES 
    Analyse articles and reports from current print and electronic media relating to the structure or administration of long term insurance in South Africa. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. Articles and reports on events, both global and national that could result in change in the structure of the long term insurance sector are collected over a period of at least 6 months. 

    ASSESSMENT CRITERION 2 
    2. The articles are summarised showing insight into how the reported events could impact on a sub sector of long term insurance in South Africa and/or internationally. 

    ASSESSMENT CRITERION 3 
    3. The events are summarised in a table and ranked to indicate the relative importance of each event for a sub sector of long term insurance in South Africa. 

    ASSESSMENT CRITERION 4 
    4. Controversial issues related to a sub sector of long term insurance are analysed and own views are expressed and substantiated in plain language. 

    ASSESSMENT CRITERION 5 
    5. The effects of changes in legislation on the long term insurance sector are analysed with reference to a particular sub-sector. 

    ASSESSMENT CRITERION 6 
    6. Current events in the political environment are interpreted and an indication is given of their possible impact on a sub sector of long term insurance. 

    ASSESSMENT CRITERION 7 
    7. Current events in the State/Public Health Sector that have implications for one of the sub sectors of long term insurance are identified and an indication is given of the possible effects on the sub sector. 

    SPECIFIC OUTCOME 2 
    Demonstrate knowledge & understanding of the latest developments in technology. 
    OUTCOME NOTES 
    Demonstrate knowledge and understanding of the latest developments in technology that could impact on long term insurance. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. New developments in technology that could affect the administration of one of the sub sectors of long term insurance are described and an indication is given of how the technology could improve service delivery. 

    ASSESSMENT CRITERION 2 
    2. The possible impact of the innovation on a sub sector of long term insurance is explained and an indication is given of the possible time frame before the technology becomes readily available. 

    ASSESSMENT CRITERION 3 
    3. The pros and cons of the new technology are investigated and summarised in a table. 

    ASSESSMENT CRITERION 4 
    4. A recommendation is made as to whether the innovation should be further investigated and how it could add value to a particular organisation. 

    SPECIFIC OUTCOME 3 
    Interpret the effect that innovations in medical treatment & drug development could have. 
    OUTCOME NOTES 
    Interpret the effect that innovations in medical treatment and drug development could have on one of the sub sectors of long term insurance. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. New developments in technology are named and an indication is given of how the new technology could affect the treatment of conditions. 

    ASSESSMENT CRITERION 2 
    2. Articles and reports about innovations and developments in medical science are collected and organised and an indication is given as to how these will impact on one of the sub sectors of long term insurance. 

    ASSESSMENT CRITERION 3 
    3. The positive and negative aspects of new drugs/treatments are analysed and compared to other current treatments for the same condition. 

    ASSESSMENT CRITERION 4 
    4. The possible impact of a development on wellness and life expectancy is interpreted and comment is offered on the suitability of the development for inclusion in a wellness programme or healthcare benefit. 

    ASSESSMENT CRITERION 5 
    5. The cost implications of new developments are considered and a decision is made as to whether, on the information available, a development could/should be added to existing healthcare benefits. 

    ASSESSMENT CRITERION 6 
    6. Information relating to health related current events is collected and organised to allow for an analysis of trends. 

    ASSESSMENT CRITERION 7 
    7. Current medical related events are analysed and the possible impact of the events on a sub sector of long term insurance are summarised in a table. 

    ASSESSMENT CRITERION 8 
    8. Information relating to current medical or life threatening events is collected and organised to allow for comparison and analysis. 

    ASSESSMENT CRITERION 9 
    9. A report is compiled and presented on the most promising innovations of the previous six months and the possible impact that these will have on a sub sector of long term insurance. 

    SPECIFIC OUTCOME 4 
    Demonstrate knowledge and understanding about the spread of diseases in Africa. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. Health related trends in South Africa are analysed and reported using data processing methodology and graphicacy skills. 

    ASSESSMENT CRITERION 2 
    2. The possible influence of these trends on underwriting practices in South Africa are indicated with reference to how they could affect product development. 

    ASSESSMENT CRITERION 3 
    3. Trends in the spread of the five most common infectious diseases in Africa are analysed and suggestions are made as to how the spread could be arrested or contained. 

    ASSESSMENT CRITERION 4 
    4. Reasons for the re-occurrence/re-emergence and spread of previously controlled diseases are explained and a plan is developed to re-establish control and contain the spread. 

    ASSESSMENT CRITERION 5 
    5. The effect of mutations of viruses on the spread of diseases is analysed and possible causes or reason for the mutation are suggested with reference to specific diseases. 

    ASSESSMENT CRITERION 6 
    6. The spread of the five most common diseases in Africa is illustrated graphically. 

    ASSESSMENT CRITERION 7 
    7. The causes of the most common ailments/medical conditions in Africa are analysed from print media and newscasts and a plan of action is suggested that would reduce the impact of these conditions. 

    ASSESSMENT CRITERION 8 
    8. Incidences of disease and trends in Africa that could impact on South Africa are identified and an indication is given of how these trends could affect a sub sector on long term insurance. 

    ASSESSMENT CRITERION 9 
    9. The effect of the most common medical conditions on State and Private healthcare is explained and an indication is given of how the eradication or control of these conditions would impact on one of the sub sectors of long term insurance. 

    ASSESSMENT CRITERION 10 
    10. Diseases currently considered to be epidemics in Africa are named and an indication is given of how long the epidemic is likely to last under normal circumstances. 

    ASSESSMENT CRITERION 11 
    11. Developments in primary healthcare and possibilities for cheap, cost effective and accessible medical care are investigated as a means of reducing the spread of disease in Africa. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    This unit standard will be internally assessed by the provider and moderated by a moderator registered by INSQA or a relevant accredited ETQA. The mechanisms and requirements for moderation are contained in the document obtainable from INSQA, - INSQA framework for assessment and moderation. 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    The learner is able to identify and solve problems in which responses show that responsible decisions using critical and creative thinking have been made in; suggesting ways to arrest or contain disease and reduce the impact of medical conditions; recommending inclusions in a wellness programme or healthcare benefit and recommending technological innovations that could possibly add value to an organisation. 

    UNIT STANDARD CCFO WORKING 
    The learner is able to explore a variety of strategies of learning when gathering information from a broad spectrum of media. 

    UNIT STANDARD CCFO ORGANISING 
    The learner is able to organise and manage him/herself and his/her activities responsibly and effectively in collecting and organising a portfolio of evidence for the assessment of this unit standard and identifying time frames in changes in technology. 

    UNIT STANDARD CCFO COLLECTING 
    The learner is able to collect, organise and evaluate information when researching and interpreting current affairs and indicating the possible impact of current events on the long term insurance sector. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively using visual, mathematics and language skills when presenting the findings of his/her research.

    The learner is able to behave as a responsible citizen in interpreting the suitability of innovations and their impact on long term insurance. 

    UNIT STANDARD CCFO SCIENCE 
    The learner is able to use science and technology effectively and critically showing responsibility towards the environment and the health of others in researching developments in technology that will impact on service delivery in long term insurance. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to demonstrate an understanding of the world as a set of related systems when analysing, comparing and interpreting medical events and innovations and analysing the effects of changes in legislation on long term insurance.

    The learner is able to demonstrate cultural sensitivity in commenting on the effect of the inclusion of new developments in a wellness programme.

    The learner is able to demonstrate an understanding of the world as a set of related systems in analysing and summarizing events that could result in a change in the structure of long term insurance in South Africa or internationally and indicating the implications of disease control. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  20639   National Certificate: Healthcare Benefits Administration: Claims Assessing  Level 4  NQF Level 04  Passed the End Date -
    Status was "Registered"     		 2004-12-05  INSETA 
    Core  20774   National Certificate: Insurance: Long Term: Risk Assessment  Level 4  NQF Level 04  Passed the End Date -
    Status was "Registered"     		 2004-12-05  Was INSETA until Last Date for Achievement 
    Core  20773   National Certificate: Long Term Insurance  Level 4  NQF Level 04  Passed the End Date -
    Status was "Registered"     		 2004-12-05  INSETA 


    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.