Medical Scheme Increases

Medical Scheme Increases 2016

Members of Genesis Medical Scheme can once again look forward to enhanced benefits in 2016 and, for the fourth consecutive year, enjoy the lowest contribution increase in the open medical scheme market. The below table indicates the average contribution increases for some of the open medical schemes in South Africa for the last four years…

one fish bowl filled with goldfish, one goldfish jumping out into empty fish bowl beside it

Company medical aid schemes for employees

Members of medical aid schemes in South Africa are grappling more than ever before with their annual contribution increases that have been, for more than a decade now, above both inflation and salary increases.  The interim solution for many people is to “buy down” on their medical aid cover in order to offset the difference…