Medical Schemes Fees Tax Credits

Medical Scheme Fees Tax Credits

A Medical Scheme Fees Tax Credit (MTC) is a rebate which effectively reduces the normal tax a person pays. The MTC applies to fees paid by a taxpayer to a registered medical scheme for him/herself and his/her dependants. A MTC is a fixed monthly amount which increases according to the number of dependants on the…

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Comprehensive Medical Cover

When selecting a medical scheme benefit option, one of the most important considerations is the level of in-hospital insurance cover you are buying. Factors such as unlimited hospitalisation vs capped / limited cover, reimbursement of claims at 100% or 200% of the medical scheme rate, freedom of choice vs the limitation of network hospitals or…