Plans to introduce new Road Accident Benefit Scheme gain momentum
It's estimated that winding down the Road Accident Fund to make way for the scheme will cost R231 billion over the next eight years.
CAPE TOWN - Plans to introduce a new law that will eventually replace the Road Accident Fund (RAF) are gaining momentum.
The Road Accident Benefit Scheme proposes compensating the victims of road accidents, irrespective of whether or not they are at fault.
It's estimated that winding down the RAF to make way for the scheme will cost R231 billion over the next eight years.
The new Road Accident Benefit Scheme moves away from a lump sum payout, towards more specific claims that can provide prolonged assistance if necessary.
These can be submitted for a set of defined benefits for bodily injury or death, caused by or arising from road accidents.
Like the RAF, the scheme will be funded through the fuel levy.
Chairperson of Parliament’s Transport Committee Dikeledi Magadzi said: “We are looking forward to the members of the public to look at what has been proposed and to give more input into this bill.”
Written submissions, which will precede public hearings, can be made until the end of this month.
The scheme will be overseen by an administrator who will be governed by a board.
Benefits that may be claimed include health care services, rehabilitation, income support and funeral benefits.
Temporary and long-term income support, as well as family support benefits, will be calculated according to a formula.