Genesis Medical Scheme’s 2015 average contribution increase is once again at an all time low of only 5.3%*.
This below average increase 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% |
