The alleged drop in the consumer inflation rate, which is now at its lowest level in nine years, is called into question by many economic experts. Although the decline has been welcomed by some agencies, consumers say the decline is certainly not credible as food, fuel and clothing prices are constantly rising. However, the South..
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Consumer inflation rate is now at its lowest level in nine years
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The biggest medical aid schemes in South Africa – and how much they’re charging in 2018
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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
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