B2B Central

Medical Aid Schemes

29 Oct 2018

Health Squared Medical Scheme set to disrupt healthcare market

By Janice Roberts

A combined total of more than 80 years’ solid healthcare funding experience will soon unite following the launch of Health Squared Medical Scheme through a merger between Spectramed Medical Scheme (Spectramed) and Resolution Health Medical Scheme (Resolution Health) as from 1 January 2019. Both schemes’ members have voted in overwhelming favour of the merger with...
10 Oct 2018

Is your medical aid plan still right for you

By Janice Roberts

AUTHOR: Shreekanth Sing, technical legal adviser at PSG Wealth It’s that time of year again, when medical aid schemes announce their benefit changes and costs for the year ahead. Given that medical aid costs are escalating faster than inflation, it can be tempting to look for ways to save. But it’s important to properly consider...
03 Oct 2018

Retirees must budget carefully for medical aid expenses

By Janice Roberts

People saving towards retirement often overlook or downplay the impact that future healthcare needs have within their retirement planning framework, which then results in these costs eroding income earmarked for other necessities.
30 Sep 2018

NHI will undermine, not improve, healthcare for all

By Janice Roberts

Pressing ahead with National Health Insurance (NHI) will steadily undermine South Africa’s excellent private healthcare system, and overburden the country’s already gravely deficient public health system, at vast cost to taxpayers.
27 Sep 2018

Bonitas announces 8.9% increase with added benefits

By Janice Roberts

Women’s health, men’s health, chronic disease management, innovative plans, catching criminals and a digital revamp – Bonitas reflects on 2018 and launches its 2019 plans and strategy
12 Sep 2018

Putting control back into members' hands

By Janice Roberts

In a first for the medical scheme industry, Fedhealth has announced its 2019 benefit options which features a revolutionary new approach to benefits that gives consumers more flexibility, choice and control.
05 Sep 2018

Putting members back in control of their healthcare – and finances

By Janice Roberts

Lack of flexibility regarding their unique healthcare needs is listed as the single biggest concern of medical scheme members. Jeremy Yatt, Principal Officer of Fedhealth Medical Scheme, explains that while medical schemes are generally limited by legislation from personalising benefits in a way the market would ideally prefer, over the last six months Fedhealth has...
16 Aug 2018

Five reasons South Africa needs universal health coverage

By Janice Roberts

As South Africa gears up for the full implementation of National Health Insurance, the aims of this crucial element of the country’s future development should not be forgotten.
15 Aug 2018

The benefit of wellness programmes

By Janice Roberts

It’s abundantly clear from research by medical schemes such as Discovery and Momentum – the two medical aid schemes with the biggest wellness incentive programmes in Vitality (700 000 main members) and Multiply (154 181 main members) – that members engaging in some form of activity on a regular basis have lower medical claims on average compared...
13 Aug 2018

GEMS pays out over R29 billion in claims during 2017

By Janice Roberts

The Government Employees Medical Scheme (GEMS) paid out 91 million claims for its 1.8 million-strong membership base during 2017, amounting to a total value of more than R29.1 billion.
25 Jul 2018

Medical aid market can be a ‘complicated space’ to navigate

By Janice Roberts

The GTC 2018 Medical Aid Survey (MAS) analyses and rates medical aid schemes according to a standardised comparison and ranks the choices available to members.
23 Jul 2018

Bestmed Medical Scheme named as HR Future Technology Champion 2018

By Janice Roberts

  Bestmed has been named as the 2018 HR Future Technology Champion for the use of their HR Specific Technology to maximum effect. The announcement was made at the award ceremony preceding a two-day summit at The Capital Park in Johannesburg last Thursday evening. The victory comes after the medical scheme was named as finalist...