Day: October 12, 2016

Private Healthcare Greed Threatens Medical Scheme System

Every year your medical scheme contribution increases sharply – often as much as double the CPI rate. Last week two schemes, Momentum Health and Discovery Health, announced average increases in the double digits to the dismay of many consumers. And the other schemes are likely to follow suit. But people who think the schemes are …

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Sharp Increases for Medical Scheme Members

Cape Town – The announcement last week by Momentum and Discovery Medical Schemes of average increases in contributions of between 10.2% and 11% came as a shock for consumers. All schemes announce their contribution increases between September and October annually, but these two schemes were the first to do so – and the announcement came …

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