Tag: medical aid

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.

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.

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.

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.

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.

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.

Healthcare in South Africa is in a state of flux due to a shifting regulatory landscape compounded by the current economic challenges the country is facing. This environment can be complex and challenging to navigate for most people, even if they have already purchased health cover products.

Do your employees fully understand the processes behind payroll? Payroll, for many people, remains a mystery. The processes and calculations that sit behind the monthly amount that lands in the bank account are vague and complicated. Many employees find navigating the maze of benefits, healthcare and pension payments to be overwhelming and often don’t really understand why they’ve been paid more or less each month.

Lingering after effects of COVID-19 which persist for more than six weeks have been deemed 'Long COVID-19' by the World Health Organisation – and those holding down jobs need to manage their symptoms while being expected to return to work.

Medical aid rates have increased above inflation for a number of years. In addition, food prices have also increased by at least 10%, fuel prices are volatile, and salary increases are typically lower than inflation. The cost of living is higher than ever, and there is little relief in the form of tax credits and rebates.