blue bar graph for monthly contributions

Medical aid schemes: Late joiner penalties

According to the Medical Schemes Act, a medical scheme may not refuse your membership application if you are a South African citizen, but they may impose what is called a late joiner penalty. The funding model for medical schemes is based on the principle of cross-subsidisation.   Generally speaking, younger / healthier members contribute for a…

pregnant woman with stethoscope near stomach

VIP Patient on affordable medical aid

A heavily pregnant lady arrived at hospital admissions wanting to be admitted. “I am a member of a very large medical scheme.  Please take me to my VIP suite bed with sea view reserved exclusively for members of my very big medical scheme”, she said. “Sorry madam”, came the reply, “all beds are owned by…

Medical Aid Broker Commission

Medical aid membership and your broker

Medical aid brokers continue to be something of a “hot topic”, particularly as some have recently expressed opinions in the media and on social platforms that customers should avoid smaller medical aid schemes. Their “message” is that only the largest medical aid schemes can safely pay your claims – a very odd sentiment given that…