South Africa has about 105 medical funds totaling around 8 million beneficiaries. The total annual contribution to medical funds is around R85-billion (according to the Council for Medical Schemes – 2009). Take into account that South Africa has a population of more than 49 million people! Less than 17% of SA citizens belong to a medical fund.
Not all medical funds are open to the public. In fact, of the 105 medical funds, only about 30 are open to the public. This number might decrease over the years as the larger funds take over the smaller ones.
So how do you choose a medical fund or hospital plan, a specific option of the fund, which benefits to include or exclude? In this ever-changing environment, you need the services and advice of an independent intermediary. Someone who doesn’t only have the interests of a specific medical fund at heart, but one who can guide you to ensure your needs are met.
Our Medical Fund Experts will assist you with:
choosing the most suitable medical fund in the market
investigating more than 20 funds and options
providing pro-active advice on your present medical fund
assist you with claims and query resolution
Some Medical Funds Used When Analysing Your Needs: