Bestmed and Medihelp announce 2024 contribution increases
South Africa’s ‘Big Five’ medical schemes have published their 2024 contribution increases, and members should prepare to pay significantly more for cover.
Discovery Health Medical Scheme
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Discovery Health’s 2024 contribution increases await green light from CMS
There are concerns that members with Saver plans will experience severe cuts to the allocations to their medical savings accounts.
Clash of the titans: medical scheme heavyweights announce 2024 contributions
Discovery Health, Bonitas, and Momentum Solutions say ‘increasing financial pressures’ are the reason for the contribution increases.
Here are the contributions Discovery members will pay in 2023
The scheme says members who belong to hospital and limited day-to-day plans will pay 7.9% more.
Vastly different financial results from Discovery’s insurance arms
Discovery’s long-term and short-term insurance arms delivered contrasting performances in the group’s 2022 financial year, with Discovery Life’s normalised operating profit surging by 200% and Discovery Insure’s tanking 165%, driven mainly by the […]
Discovery launches Shari’ah-compliant medical scheme arrangement
Members of Discovery Health Medical Scheme (DHMS) will be able to elect to have their health plan administered in accordance with Shari’ah principles from 1 June. It said South Africa’s first Shari’ah-compliant medical […]
