Tag: medical aid
Mandatory healthcare cover – proposal for a proven solution for South...
Mandatory health cover of formally employed is tried and tested and if put to use in South Africa could reduce the public health burden, increase public per capita spend on health, and free up resources that could help address the country’s most pressing health crises.
NHI – Reasons not to cancel your current medical health coverage
With the National Health Insurance (NHI) Bill having been signed by the President, South Africans are more confused than ever before. While most have some level of understanding of what the NHI is, the vast majority are still not clear on what the bill entails.
Why investing in employees’ health is a smart business move
At the heart of every successful organisation is a healthy, motivated workforce. In today's competitive job market, where talent retention, productivity and innovation are crucial, organisations must seek new ways to gain a competitive edge.
Budget 2024 avoids direct tax increases
Minister of Finance Enoch Godongwana delivered his Budget Speech 2024 to Parliament and the nation on 21 February 2024. A key announcement was that tax rates will not be increased in 2024/2025, as previously signalled by the Medium-Term Budget Policy Statement (MTBPS) 2023, to generate the extra R15 billion needed in revenue.
Navigating medical aid – a comprehensive guide to making informed choices
Affordability is a prime concern for many when it comes to choosing the right medical aid plan. Medical inflation consistently outpaces general inflation, so year after year employees need to balance coverage and cost.
Medical aid & medical insurance – what’s the difference?
There is a lot of confusion and misunderstanding when it comes to medical aid versus medical insurance, and where hospital plans fit in, and this can make it difficult to decide what the best solution is to meet your needs. The reality is that they are not the same, and you cannot actually compare them, as they offer completely different benefits and serve different purposes.
The rise of affordable medical insurance
With its two-tiered, highly unequal healthcare system, only 14.86% of South Africa’s population can currently afford private healthcare, and rising costs are making it difficult for many to keep paying their monthly medical aid premiums.
Unpacking the true cost of living with & healing from cancer
According to the World Health Organisation (WHO), cancer is the leading cause of death worldwide, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths.
Only a blended healthcare system will enable a viable NHI
South Africa's healthcare system has experienced significant transformations over the years. One of the most pressing issues is the need for more resources and funding, which has resulted in limited access to healthcare services for South Africans.
Accidents happen – are you covered?
December is injury prevention month and preventing injury should obviously be a high priority. But when accidents do happen, knowing that your medical expenses will be covered, through a combination of medical aid and gap cover, can significantly ease the burden.
