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Medical Scheme Increases 2015

Genesis Medical Scheme’s 2015 average contribution increase of only 5.3%* is once again leading the medical aid industry as the lowest average increase coupled with substantial benefit limit increases for a third consecutive year.

The below table indicates the average contribution increases for some of the open medical schemes for the last three years (2015;  2014 and 2013).

(*) Based on adult contributions

Medical   Scheme

Average   Contribution Increase (%)

2015

2014

2013

Genesis Medical Scheme

5.3%

6.4%

4.95%

Sizwe Medical Fund

6.5%

8.9%

10.8%

Bonitas Medical Fund

7.2%

10.6%

9.9%

Keyhealth

7.5%

8.9%

9.5% – 14%

Momentum Health

7.9%

7.2%

7.9%

Bestmed Medical Scheme

8.6%

8.7%

8.99%

Compcare Wellness Medical Scheme

8.9%

7.7%

Unknown

Medshield Medical Scheme

9.5%

9.4%

7.5%

Discovery Health Medical Scheme

9.9%

8.9%

10.9%

Liberty Medical Scheme

10.4%

9.5%

11%

Fedhealth Medical Scheme

10.6%

8.9%

7.9%

Resolution Health Medical Scheme

12.3%

11.5%

10.8%

Medihelp

12.5%

10.1%

11.2%

Spectramed

Await announcement

7.5%

9.4%

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