Tag ArchivesMedical aid

Victor Crouser, Coastal head of Healthcare for Alexander Forbes

Attributes of a good healthcare adviser

AUTHOR: Victor Crouser, Coastal head of Healthcare for Alexander Forbes Most medical schemes announce their changes for the following calendar year from September onwards. The changes normally come into effect on 1 January and towards the end of the year is when members must re-evaluate their cover and determine if they are on the most […]

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John Cranke of PSG Wealth explains disability insurance

Considering cancelling your medical cover? Three costly consequences

By John Cranke, Financial Adviser, PSG Wealth Employee Benefits Midlands With monthly costs mostly on the up, many households may look to cutting their medical cover to reduce expenses, with some re-routing monthly premiums into shorter-term savings for an emergency fund. (more…)

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Damian McHugh, Head of Health Marketing at Momentum Group

Six ways to save on medical costs

According to Stats SA’s 2017 General Household Survey, only 17 out of every 100 South Africans have medical insurance, which is the key that opens the door to private healthcare. Across the globe, the cost of healthcare continues to drive consumers’ hands deeper into their pockets. Amidst tough economic times, however, medical aid plays an […]

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How Medical Savings Accounts are Changing – for the Better

By Jeremy Yatt, Principal Officer of Fedhealth. The concept of medical savings accounts (MSA) emerged in the industry in the early 1990s, reputedly when Discovery founder Adrian Gore was working at Liberty. At that time medical scheme benefits for different kinds of day-to-day healthcare were specified, so for example, members would get a certain amount […]

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Is your medical aid plan still right for you

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 […]

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Retirees must budget carefully for medical aid expenses

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. (more…)

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Bonitas announces 8.9% increase with added benefits

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 (more…)

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Advanced Soweto Day Hospital - beds image

Putting control back into members’ hands

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. (more…)

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