Medical scheme contribution hikes for 2025: what’s driving the surge?
Contribution increases in 2025 are exceeding CPI, with some medical schemes aiming to rebuild reserves and ensure long-term sustainability.
Contribution increases in 2025 are exceeding CPI, with some medical schemes aiming to rebuild reserves and ensure long-term sustainability.
ASISA advises consumers to take a holistic view of their finances and avoid hasty decisions that could leave them unprotected.
The medical scheme says it will use its reserves to limit contribution increases, while possibly improving members’ benefits and reducing co-payments.
And the solvency ratio of the restricted Transmed Medical Fund continued to fall in 2022.
Preliminary data released by the Council for Medical Schemes highlights key trends in the industry last year.
With reserves reaching R8.8 billion, can members expect that very low contribution increases will automatically follow?