Cape Argus News

RAF commits to clearing R20 billion in outstanding claims

Staff Reporter|Published

RAF has commenced payments against claims older than 180 days, estimated to be more than R20 billion.

Image: Facebook/RAF

The Road Accident Fund (RAF) has committed to paying all outstanding claims amounting to R20 billion.

They said claims outstanding for more than 180 days which have already commenced, with R3.3 billion being disbursed in the past two weeks.

This will include monthly payments to be more than R4 billion per month throughout the year.

The RAF made the announcement on Wednesday, stating that following a series of meetings with various stakeholders, including the legal fraternity and service providers, the Board was pleased to report speeding up the payment of claims.

“In considering this programme of action, the Board also wanted to ensure that a sustainable claims management system is put in place that should eliminate the existence of any claims backlogs in future,” they stated.

“RAF has commenced payments against claims older than 180 days, estimated to be more than R20 billion. This initiative forms part of the broader turnaround programme aimed at tackling systemic delays and restoring confidence in the Fund’s claims environment.”

The progress saw a comprehensive review of all claims outstanding beyond 180 days, with  prioritisation for settlement.

Payments to claimants outstanding for more than 180 days have commenced, with R3.3 billion being disbursed in the past two weeks.

The Board expects the monthly payments to be more than R4 billion per month throughout the year with an aim to reduce the backlog

Bi-monthly reports will be issued to Plaintiff Attorneys, detailing amounts paid and the progress in clearing outstanding claims.

“Protocols have been put in place to ensure resolutions to these matters. In this regard, the contact details of specific Regional Managers have been communicated to all Plaintiff Attorneys and Suppliers to address specific matters that may still delay payments,” they explained.

Get your news on the go, click here to join the Cape Argus News WhatsApp channel.

Cape Argus