New Medical Scheme Increases for 2011
Hello everyone,
3 more open medical schemes have released their increases for 2011.
Bonitas medical scheme: weighted average increase of 9.6%. Includes a 16% reduction on contributions on its Essential option, which has been restructured as a hospital plan. On it's other plans, increases will range from 9.4% to 12.4%.
Spectramed medical scheme: Increase in contributions of 8.5%. Increase range from 8.5% on three options to 23.5% on Hospital Elite option.
Medshield medical scheme: Increase by 9.5%.
Genesis medical scheme: Increase of 9.5%
There has also been a correction in Liberty's weighted average increase...the previous article which i took information from (Personal Finance), stated that Liberty's weighted average increase was 13.7%, the scheme has said that it's weighted average increase is 12.8%.
Information taken from article :"Three large medical schemes announce contribution hikes", by Laura du Preez. In the Personal Finance (Weekend Argus, October the 23rd 2010).
Remember, it pays to have cover!
Posted by Kenny Williamson at 27 Oct 2010 
Categories: Medical aid schemes
Tags: Medshield Spectramed Bonitas Genesis
Categories: Medical aid schemes
Tags: Medshield Spectramed Bonitas Genesis
My husband and I are pensioners, and find this year's increase at Liberty Life to be astronomical. We received a 7% increase from our pensions and it is impossible to continue in this manner. Our medical contributions are almost half of our pensions. this is unacceptable
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I, too, is sometimes see, but somehow had not attached any importance to this.
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