There are three main factors that cause medical scheme cover to be so much more expensive than health insurance.
Tag - medical scheme
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.
In order to provide lower-cost medical cover, most medical schemes offer plan options where co-payments apply for certain procedures.
A lack of young, healthy members is driving up medical scheme costs.
A reader wonders why her medical scheme deducted her medical expenses from her Road Accident Fund settlement. Paseka writes: I was in a car accident and was awarded around R2 million from the Road Accident Fund (RAF). I was admitted to a private hospital and the total costs of my medical treatment came to R850 000. My medical scheme, of which I...
We set ourselves a challenge to try and find medical cover for one of our readers. Our findings show that medical cover is expensive for many middle-income earners and that a comprehensive hospital plan is possibly the best option. Elizabeth has three children aged 3, 6 and 9. She has a take-home pay of R15 000 and has to fully cover the costs of...
Instead of overwhelming yourself with resolutions in the New Year and then falling off the bandwagon too early, let 2014 be the year in which they stick. Andrew Edwards, Executive Principal Officer of Liberty Medical Scheme and fitness expert, Lisa Raleigh, outline seven ways to get the most out of 2014. Get specific Abstract goals are hard to...