Are your health insurance costs too high? Try decoding your medical aid terms and conditions and associated costs to make sure that it works for you.
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Need to know information:- What to look out for when choosing a medical scheme
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Health Market Inquiry:- calls for medical aid schemes to be transparent
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A report by the Health Market Inquiry (HMI) looking into the private healthcare industry has recommended that there be increased transparency and improved competition.
The HMI released its provisional report on Thursday after hearing evidence from a number of stakeholders in the past three years.
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Medical Schemes amendments could threaten schemes’ sustainability
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While the proposed amendments to the Medical Schemes Act seek to lower the cost of private healthcare, they may have the unintended consequence of threatening the sustainability of medical schemes.
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The Health Department might be sued over proposed NHI changes
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‘I can’t mention who are the parties I am expecting litigation from but I can assure I know who they are. Health Minister Aaron Motsoaledi is preparing to be taken to court as he continues to propose changes in the healthcare system that could cost medical aid schemes millions.
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New Act could redress medical scheme sustainability issues
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Health Minister Aaron Motsoaledi has hinted at a number of reforms that directly address challenges of sustainability that the medical schemes industry is currently facing.
“We know that rising costs in healthcare are outstripping inflation, and legislated steps to address this………
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Medical aid waiting periods and late-joiner penalties: What. How. Why?
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The world of medical schemes in South Africa is a very different one to 25 years ago. There are strict rules and regulations governing the industry, there to protect both the members and the financial sustainability of the scheme. Now is the time of year when medical schemes announce their annual increases and benefit changes…
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What to consider when deciding on a medical scheme
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Are your health insurance costs too high? Try decoding your medical aid terms and conditions and associated costs to make sure that it works for you. “While health insurance is important, it comes at a cost that is rapidly rising. Unfortunately for the consumer, this affects medical scheme membership contribution rates, and the increases of..
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