Duisende pensioenarisse wat op die Discovery Health Medical Scheme (DHMS) se Keycare Plus-opsie is, moes tot hul skok hoor hul premies styg volgende jaar met sowat 47%.
Lede op die KeyCare Plus-opsie betaal premies gegrond op hul maandelikse inkomste.
Die skerp premieverhoging raak 139 000 lede wat op die laagste inkomstevlak van KeyCare Plus is. Van hulle is 19 000 ouer as 65.
’n Leser van Netwerk24 het gekla omdat haar 77-jarige ma, wat ’n maandelikse inkomste van R8 000 het, meer sal moet opdok. “Sy het vanjaar R990 per maand betaal en die premie styg volgende jaar tot R1 456, en die voordele bly dieselfde.”
Haar ma wou anoniem bly omdat sy nie wil hê mense moet weet wat haar inkomste is nie.
“My ma sit aan die hoër inkomstekant van wat al die jare Keycare se kliëntebasis was. Wat van al die ander mense wat veel minder verdien?”
Volgens haar is talle voordele tussen 2017 en 2018 weggeneem.
Discovery CEO Adrian Gore announced that we’re getting a new bank in 2019. Not only will Discovery Bank be the world’s first and only behavioural bank, but it will also be branchless and give Black clients 10% equity. Gore explained: Continue reading…
Insurance and finance group Discovery has published its integrated annual report for 2018, revealing what its top executives got paid for the year.
Group CEO, Adrian Gore, was rewarded with a total package of R19.8 million, including a R6.6 million basic salary, a bonus of R7.8 million, long-term incentives of R4.1 million and other benefits of R1 million and R313,000.
Gore’s incentives were largely based on the handling of Discovery Bank, which is set to launch as South Africa’s next big full service bank in the coming months. He also saw that the group hit its growth targets and ran a profitable business, Discovery said.
Group financial director, Deon Viljoen earned a R10.2 million total package, while CEO of Discovery Life Hylton Kallner was the highest-paid exec with a total package of R29.2 million.
Kallner’s huge payday was due to a R17.6 million LTI payout, which was as a result of the vesting of a three-year LTI scheme.
The majority of South Africa’s biggest medical aid schemes have released their prices for 2018, showing below 10% increases across all plans.
According to the latest statistics released by the Council for Medical Schemes (CMS), there are currently 82 medical aid schemes operating in South Africa with a total subscription of just under 8.9 million members as at December 2016.
Discovery remains the largest medical aid scheme in the country, with over 2.7 million members.
This is followed by the Government Employees Medical Scheme (GEMS) with 1.8 million members, and the Bonitas Medical Fund, with just under 680,000 members.
Due to the nature of medical aids, and how each scheme is structured to cater for different hospital networks and cover different medical needs, it’s incredibly difficult to compare like for like, especially on price.
However, with all medical aids now releasing their contribution structures for 2018, the tables below outline the pr Continue reading…
The preliminary findings of a recent inquiry into South Africa’s private healthcare sector shows worrying trends. Key among the inquiry’s revelations are high concentration levels in the market.
For example, the report shows that 70% of the open medical schemes market is controlled by two players – Discovery Health Medical Scheme and Bonitas. The market for restricted medical aid schemes is dominated by the Government Employees Medical Scheme, with a 47% market share. The medical scheme administrators market is controlled by three players, Discovery Health, MMI Holdings and Medscheme. These three have a 70% combined market share.
The situation is no better in the market for private hospitals. Three hospital groups – Netcare, Mediclinic and Life Healthcare – hold 83% of the national market.
The concentration problem in the private healthcare sector is further compounded by integration. Two of the largest medical scheme administrators, Discovery Health and Continue reading…
In the battle for a slice of the private healthcare market, there has been significant growth in the number of medical schemes performing well across all sections of the medical aid spectrum. Whilst this means that members get more choice, it also makes the landscape increasingly complex.
The GTC 2018 Medical Aid Survey (MAS) analyses and rates medical aid schemes according to a standardised comparison and ranks the choices available to members.
When analysed purely in terms of premiums – the survey’s micro ranking – Fedhealth emerged as the medical aid which held the most top positions across all the classifications. Discovery was ranked in first place for the survey’s macro rankings, which analyses a medical aid’s overall ‘health’ and longevity in terms of factors such as its solvency level, membership growth, net healthcare result and member satisfaction. When combining both the GTC micro and macro rankings, Discovery claimed the highest number o Continue reading…
Die resultate van die nuutste peiling onder pasiënte wat Discovery Health uitgevoer het om die beste hospitale in die land aan te wys, toon sewe hospitale wat al vier jaar agtereenvolgens op die lysie is.
Lede van mediese skemas wat deur Discovery Health geadministreer word, het aan die peiling deelgeneem oor die hospitale waar hulle in 2017 opgeneem is. Die lys is uit 140 hospitale saamgestel.
Life Healthcare, en die onafhanklike netwerk van hospitale wat lede van die National Hospital Network (NHN) is, het die meeste hospitale op die lys.
Netcare het net een hospitaal op die lys.
NHN het die meeste hospitale wat reeds vier jaar agtereenvolgens op die lys is.
Hier is die lys van die 20 beste hospitale in alfabetiese volgorde:
1. Ahmed Al-Kadi- private hospitaal (Durban, KwaZulu-Natal)
2. eThekwini-hospitaal en -hartsentrum (Durban, KwaZulu-Natal)
What are your chances of ending up in a hospital? Higher than you’d think if you are a medical aid member in a large city — and the reason reveals some never-before-seen truths about the country’s private healthcare sector.
A lack of competition within the private healthcare market is fuelling an epidemic of overtreatment — and mystery medical bills — in South Africa, the Competition Commission revealed on Thursday.
As part of a four-year investigation into private healthcare costs, the Competition Commission looked at hospital admission rates among patients treated in nine specialised areas of medicine. People who had insurance and lived near more hospitals were more likely to be admitted than people with similar conditions that lived farther away from lots of empty beds, the statutory body found.
Looking for a affordable Medical Aid or Hospital Plan, just click hereContinue reading…
Get a Hospital Plan with Guaranteed acceptance and no medical tests or a Funeral Plan from only R99 per month. Get Free Quotes anytime for Medical-Aid, Hospital or Funeral Plans or any Insurance online now.
Simply email the word “Medical” or “Hospital” or “Funeral” or “Insurance” and your Full Name, age and Cell No. to: email@example.com
Or, SMS/WhatsAPP “Medical” or “Hospital” or “Funeral” or “Insurance” and your Full Name and email address to: 0827385586 Continue reading…
Pietermaritzburg – The National Education Health and Allied Workers’ Union (Nehawu) has warned of an all-out strike if the KwaZulu-Natal provincial government does not “step up in fixing the mess” at the provincial health department. The warning was issued by Nehawu provincial secretary Phakama Ndunakazi on Thursday at the conclusion of a march in Pietermaritzburg… Continue reading…
Just when you thought that things couldn’t get worse in South Africa, there’s the prospect of more looting, corruption and emigration amid the implementation of the National Health Insurance (NHI) plan. This is according to expert Anthea Jeffrey who, in this piece, paints a worrying picture of what could happen amid government steamrolling its NHI plan.. Continue reading…
According to Patrick Masobe, chief executive officer of Agility Health, healthcare specialists are able to invoice patients and medical schemes in an unregulated fee-for-service environment – in which every service performed has a code and a price tag – with secondary healthcare expenditure eating away at the medical scheme benefits of South Africans. “Among the.. Continue reading…
Discovery Health CEO explains why South Africans are paying higher medical aid premiums than ever before. Access to quality healthcare at an affordable price is a critical priority for every family, and in society at large. South Africans lucky enough to afford private healthcare have rapid and convenient access to some of the best quality.. Continue reading…