It is that time of year when you will receive a letter from your medical scheme confirming your benefits and premiums for next year.
Tag - medical aid
There are three main factors that cause medical scheme cover to be so much more expensive than health insurance.
With above-inflation price increases announced by medical schemes, many members may be looking for more cost-effective options when it comes to healthcare.
An often-misunderstood fact about hospital plans is that they don’t necessarily cover visits to the emergency or casualty rooms.
Sanlam and Absa have emerged as the top-ranked medical top-up ‒ often referred to as ‘gap cover’‒ providers in South Africa, according to the first ever ranking of these product providers, conducted by leading wealth and advisory firm GTC.
With annual medical aid premium increases for 2018 in excess of inflation, consumers have some tough choices to make if they don't want to be caught on the wrong side of a medical bill.
Discovery and Momentum medical schemes top the tables in the 2017 GTC Medical Aid Survey across most plans.
When considering a medical scheme, you need to look at the viability of the scheme as a whole and then select the plan that best suits your needs.
A lack of young, healthy members is driving up medical scheme costs.
Does an employer have the right to force its employees to join a particular medical scheme if it doesn't subsidise the employees' contributions?