Required for the adoption of corporate governance practices

Governance is one of those new words that have been part of our daily life, but no one has bothered to explain completely. Now we see that health care plan operators and benefit administrators are in a situation of being forced to adopt governance practices.

and what does this necessarily imply?

Meet in the course of this article, details about what governance means and its applicability in the corporate world. It is worth remembering that here, let's only give an overview. Any question, do not hesitate to talk to us.

What is corporate governance?

Governance, as a concept, is a process that involves the discovery of the best means to achieve established goals. This demand for the best means permeates all levels of direction, encouragement and monitoring of what happens to the enterprise. Governance also seeks to make the enterprise in accordance with all legal dictates, ensuring that there will be no friction between the company and regulatory bodies.

Already that of Normative Resolution No. 443, of the Ministry of Health - National Supplementary Health Agency describes governance as the "system by which operators are directed, monitored and encouraged, involving the relationships between their owners , administrators, supervisory bodies and control and other stakeholders ".

What about established obligatory?

If you are ahead of a health care plan operator, or even in the face of a benefit administrator, since January 2019, the ANS, through the abovementioned standard, has defined the adoption of corporate governance practices in companies in this segment.

As a result of this obligation, some bureaucratic steps in the business routine should be taken. With effects from 2023, medium and large operators and benefit administrators will be required to adhere to higher levels of internal controls and risk management. For now, according to the resolution, the adoption of these measures is optional for small carriers.

What about audits?

One of the main effects of the new legislation is the obligatory sending of the PPA, the previously agreed procedure report, which must be drawn up by an independent auditor, on the basis of the data for the previous year of governance processes, Risks and internal controls of operators and administrators.

Compliance with this new standard is binding in the first quarter of 2023, large and medium-sized carriers, except those classified in the modalities of self-management by human resources, and for the benefit administrators .

To help you exactly in this scenario, Audilink, audit firm and consulting firm in the Brazilian territory, can provide you with the essential revisions for the operation of your business. This is how you can achieve better management, financial control and agreement with legal dictates.

Our professionals are already waiting for your contact. That way we can talk and understand a little more about how we can work together.