Although it has become a common practice for medical schemes to adjust their rates upwards every year, there are concerns that they will increase significantly for 2020. Medical costs in South Africa have skyrocketed while the state hospitals are in chaos and no one can dare to be admitted. The problems of those who do..
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Medical funds are becoming increasingly unreasonable – People will now have to pay more for towards their medical aid premium, this while state hospitals are plunged into chaos
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MEDICAL AID PREMIUMS SET TO INCREASE IN 2019
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Medical aid schemes have announced that the premiums paid by members are set to increase in 2019.
Talk Radio 702’s Xolani Gwala spoke to Paresh Prema, general manager of the benefits unit at Council for Medical Schemes, about what medical schemes consider reasons for increasing the premiums.
Prema says the responsibility of the council is to look at the suggestions put forward by the medical schemes and approve them before they can be implemented.
“So what you have seen, it is actually the submissions that they have made to us for the increases for next year.
“We look at the different elements that make up a contribution. The most important element is the claims and services that are paid for by medical schemes and how much it will be going up by in the next year.”
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Free Medical-Aid, Hospital and Funeral Plan and Insurance Quotes at www.MedSure.co.za
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