medical expenses Archives

27 Jan 2020

Fintech helps control medical costs for you and your staff

By Janice Roberts

Between 70 – 80% of employed South Africans cannot afford medical aid and do not always have cash readily available to pay for unexpected medical expenses. Increasingly, employers are unable to offer access to a medical aid. Even those South Africans who can afford a medical aid often run out of benefits before the year...

04 Nov 2019

Rising medical aid rates: Making the most of your cover and shoring up any gaps

By Janice Roberts

By: Tony Singleton, CEO of Turnberry Management Risk Solutions Medical aids have released their rates for 2020, and there are increases ahead of inflation. While it may not seem that way to the end customer, medical aids are locked in a delicate balancing act to maintain a tolerable level of increase and keep private healthcare...

24 Apr 2019

Can you afford NOT to have gap cover?

By Janice Roberts

By Tony Singleton, CEO of Turnberry Risk Management Medical inflation is currently in excess of 10%, while medical aids increased their premiums by approximately 9% in 2019. Contrary to this, the average person’s salary increased by about 3% according to CareerJunction’s 2018 Salary Review.

12 Dec 2018

Better late than never? Not for your medical cover

By Janice Roberts

By John Cranke, Financial Adviser, PSG Wealth Employee Benefits Midlands When we’re young and healthy, it’s difficult to imagine needing medical cover, and often getting this in place falls by the wayside. Delaying, however, can cost you considerably more than the monthly premium you’d pay, particularly if you are in your mid-30s and up. The...