{"id":180617,"date":"2017-06-21T18:30:00","date_gmt":"2017-06-21T16:30:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=180617"},"modified":"2018-02-28T12:42:34","modified_gmt":"2018-02-28T10:42:34","slug":"the-cheapest-and-most-expensive-medical-aids-in-south-african-in-2017","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/180617\/the-cheapest-and-most-expensive-medical-aids-in-south-african-in-2017\/","title":{"rendered":"The cheapest and most expensive medical aids in South Africa in 2017"},"content":{"rendered":"The latest GTC Medical Aid Survey for 2017 has been released, which compares local medical aid schemes on cost to members across various levels of cover.<\/p>\n
According to GTC, medical aids are complicated schemes, and comparing them is an almost impossible task; however it has developed a review process that compares schemes across specific categories, rather than on specific services offered.<\/p>\n
For its 2017 review, GTC screened 23 medical aids (22 open and 1 closed scheme) offering 144 plans.<\/p>\n
The rankings in the GTC Medical Aid Survey are based on the concept of a total cost or a risk rating for each medical aid plan.<\/p>\n
This risk rating<\/strong> is derived from a risk premium, which represents the premium paid monthly minus the allocation to what is known as the \u2018savings\u2019 or out-of-hospital account.<\/p>\n“This approach removes any differences in personal circumstances, priorities or behaviours that may influence an individual\u2019 eventual healthcare costs,” the group said.<\/p>\n
The savings have not totally been discarded, however, and have been included in a separate column in the tables below.<\/p>\n
Comprehensive and hospital plans are slightly different, where the medical aids are ranked by their complete cost<\/strong> (assuming that costs for the year are all only at 100% of the medical aid rate).<\/p>\nThe plan categories include:<\/p>\n
\n- Entry Level<\/strong>\u00a0(in and out-of-hospital benefits within very defined networks and formularies),<\/li>\n
- Hospital Only<\/strong> (in-hospital cover only),<\/li>\n
- Saver<\/strong> (out-of-hospital provided by benefits or savings account),<\/li>\n
- Saver Plus<\/strong> (two separate savings accounts, separated by a self-payment gap) and<\/li>\n
- Comprehensive<\/strong> (unlimited above threshold benefit)<\/li>\n<\/ul>\n
The full report also includes core and student entry level schemes as well as traditional schemes.<\/p>\n
These are the top and bottom 5 medical aids in each category, for a single member<\/strong>.<\/p>\nSchemes marked with [*] indicate they for state-only hospital cover. Salary-banded schemes (i.e. prices vary depending on a member’s specific income) show the salary band in parenthesis.<\/em><\/p>\nEntry-level – low-salary<\/strong><\/p>\n\n
\n\n\n| #<\/th>\n | Plan<\/th>\n | Complete Cost<\/th>\n<\/tr>\n |
\n| 1<\/td>\n | \u00a0Makoti Primary*<\/td>\n | R239<\/td>\n<\/tr>\n |
\n| 2<\/td>\n | \u00a0Momentum Ingwe*<\/td>\n | R560<\/td>\n<\/tr>\n |
\n| 3<\/td>\n | \u00a0Discovery KeyCare Access*<\/td>\n | R644<\/td>\n<\/tr>\n |
\n| 4<\/td>\n | \u00a0Momentum Ingwe<\/td>\n | R701<\/td>\n<\/tr>\n |
\n| 5<\/td>\n | \u00a0Fedhealth Blue Door Plus<\/td>\n | R776<\/td>\n<\/tr>\n |
\n| <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n |
\n| 17<\/td>\n | \u00a0Medihelp Necesse<\/td>\n | R1 404<\/td>\n<\/tr>\n |
\n| 18<\/td>\n | \u00a0CompCare Wellness NetworX<\/td>\n | R1 614<\/td>\n<\/tr>\n |
\n| 19<\/td>\n | \u00a0Momentum Access<\/td>\n | R1 842<\/td>\n<\/tr>\n |
\n| 20<\/td>\n | \u00a0Bonitas Primary<\/td>\n | R1 924<\/td>\n<\/tr>\n |
\n| 21<\/td>\n | \u00a0Hosmed Access<\/td>\n | R2 124<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n Entry-level – mid-salary<\/strong><\/p>\n\n \n\n\n| #<\/th>\n | Plan<\/th>\n | Complete Cost<\/th>\n<\/tr>\n | \n| 1<\/td>\n | Makoti Primary*<\/td>\n | R530<\/td>\n<\/tr>\n | \n| 2<\/td>\n | Momentum Ingwe*<\/td>\n | R641<\/td>\n<\/tr>\n | \n| 3<\/td>\n | Discovery KeyCare Access*<\/td>\n | R859<\/td>\n<\/tr>\n | \n| 4<\/td>\n | Suremed Explorer<\/td>\n | R860<\/td>\n<\/tr>\n | \n| 5<\/td>\n | Momentum Ingwe<\/td>\n | R892<\/td>\n<\/tr>\n | \n| <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \n| 17<\/td>\n | CompCare Wellness NetworX<\/td>\n | R1 614<\/td>\n<\/tr>\n | \n| 18<\/td>\n | Medihelp Necesse<\/td>\n | R1 656<\/td>\n<\/tr>\n | \n| 19<\/td>\n | Momentum Access<\/td>\n | R1 842<\/td>\n<\/tr>\n | \n| 20<\/td>\n | Bonitas Primary<\/td>\n | R1 924<\/td>\n<\/tr>\n | \n| 21<\/td>\n | Hosmed Access<\/td>\n | R2 124<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n Hospital plan<\/strong><\/p>\n\n \n\n\n| #<\/th>\n | Plan<\/th>\n | Complete Cost<\/th>\n<\/tr>\n | \n| 1<\/td>\n | Profmed ProActive (R0 – R5 000)<\/td>\n | R635<\/td>\n<\/tr>\n | \n| 2<\/td>\n | Genesis Private Choice<\/td>\n | R1 000<\/td>\n<\/tr>\n | \n| 3<\/td>\n | Profmed ProActive (R5 001 – R9 000)<\/td>\n | R1 049<\/td>\n<\/tr>\n | \n| 4<\/td>\n | Discovery Essential Smart<\/td>\n | R1 100<\/td>\n<\/tr>\n | \n| 5<\/td>\n | BestMed Beat1 Network<\/td>\n | R1 131<\/td>\n<\/tr>\n | \n| <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \n| 35<\/td>\n | Discovery Classic Core<\/td>\n | R1 918<\/td>\n<\/tr>\n | \n| 36<\/td>\n | Medshield MediCore<\/td>\n | R1 926<\/td>\n<\/tr>\n | \n| 37<\/td>\n | Momentum Custom<\/td>\n | R2 059<\/td>\n<\/tr>\n | \n| 38<\/td>\n | Bonitas Hospital Plus<\/td>\n | R2 636<\/td>\n<\/tr>\n | \n| 39<\/td>\n | Selfmed Med Elite<\/td>\n | R4 406<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n Saver plan<\/strong><\/p>\n\n \n\n\n| #<\/th>\n | Plan<\/th>\n | Risk Rating<\/th>\n | Savings<\/th>\n<\/tr>\n | \n| 1<\/td>\n | \u00a0BestMed Beat2 Network<\/td>\n | R1 161<\/td>\n | R2 856<\/td>\n<\/tr>\n | \n| 2<\/td>\n | \u00a0Topmed Active Saver<\/td>\n | R1 270<\/td>\n | R2 904<\/td>\n<\/tr>\n | \n| 3<\/td>\n | \u00a0BestMed Beat2<\/td>\n | R1 290<\/td>\n | R3 168<\/td>\n<\/tr>\n | \n| 4<\/td>\n | \u00a0Commed Shina (R0 – R6 000)<\/td>\n | R1 348<\/td>\n | R1 798<\/td>\n<\/tr>\n | \n| 5<\/td>\n | \u00a0Fedhealth Maxima EntrySaver<\/td>\n | R1 376<\/td>\n | R3 168<\/td>\n<\/tr>\n | \n| <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \n| 44<\/td>\n | \u00a0Bonitas BonClassic<\/td>\n | R3 648<\/td>\n | R6 192<\/td>\n<\/tr>\n | \n| 45<\/td>\n | \u00a0KeyHealth Gold<\/td>\n | R3 729<\/td>\n | R9 158<\/td>\n<\/tr>\n | \n| 46<\/td>\n | \u00a0Cape Medical Plan HealthPact Select<\/td>\n | R4 698<\/td>\n | R3 600<\/td>\n<\/tr>\n | \n| 47<\/td>\n | \u00a0Profmed ProPinnacle<\/td>\n | R6 007<\/td>\n | R16 000<\/td>\n<\/tr>\n | \n| 48<\/td>\n | \u00a0Momentum Summit<\/td>\n | R7 637<\/td>\n | R22 300<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n Saver Plus plan<\/strong><\/p>\n\n \n\n\n| #<\/th>\n | Plan<\/th>\n | Risk Rating<\/th>\n | Savings<\/th>\n<\/tr>\n | \n| 1<\/td>\n | Medimed Medisave Standard (R0 – R8 500)<\/td>\n | R495<\/td>\n | R13 980<\/td>\n<\/tr>\n | \n| 2<\/td>\n | Medimed Medisave Standard (R8 501 – R13 000)<\/td>\n | R570<\/td>\n | R14 280<\/td>\n<\/tr>\n | \n| 3<\/td>\n | Medimed Medisave Standard (R13 001 – R17 000)<\/td>\n | R788<\/td>\n | R15 150<\/td>\n<\/tr>\n | \n| 4<\/td>\n | Medimed Medisave Standard (R17 001 +)<\/td>\n | R923<\/td>\n | R15 690<\/td>\n<\/tr>\n | \n| 5<\/td>\n | Discovery Essential Priority<\/td>\n | R1 240<\/td>\n | R15 734<\/td>\n<\/tr>\n | \n| <\/td>\n | <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \n| 24<\/td>\n | BestMed Pace3 (R8 209 +)<\/td>\n | R3 082<\/td>\n | R24 180<\/td>\n<\/tr>\n | \n| 25<\/td>\n | CompCare Wellness Pinnacle<\/td>\n | R3 269<\/td>\n | R24 713<\/td>\n<\/tr>\n | \n| 26<\/td>\n | Spectramed Cobolt<\/td>\n | R3 355<\/td>\n | R23 588<\/td>\n<\/tr>\n | \n| 27<\/td>\n | BestMed Pace4<\/td>\n | R3 580<\/td>\n | R30 196<\/td>\n<\/tr>\n | \n| 28<\/td>\n | Commed De Luxe<\/td>\n | R4 715<\/td>\n | R13 050<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n Comprehensive<\/strong><\/p>\n\n \n\n\n| #<\/th>\n | Plan<\/th>\n | Comlpete Cost<\/th>\n<\/tr>\n | \n| 1<\/td>\n | Fedhealth Maxima Standard Elect<\/td>\n | R1 899<\/td>\n<\/tr>\n | \n| 2<\/td>\n | Fedhealth Maxima Standard<\/td>\n | R2 486<\/td>\n<\/tr>\n | \n| 3<\/td>\n | Momentum Extender<\/td>\n | R2 799<\/td>\n<\/tr>\n | \n| 4<\/td>\n | Discovery Essential Delta Comprehensive<\/td>\n | R2 899<\/td>\n<\/tr>\n | \n| 5<\/td>\n | Discovery Classic Delta Comprehensive<\/td>\n | R3 045<\/td>\n<\/tr>\n | \n| <\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n | \n| 16<\/td>\n | \u00a0Discovery Executive<\/td>\n | R4 158<\/td>\n<\/tr>\n | \n| 17<\/td>\n | \u00a0Bonitas BonComprehensive<\/td>\n | R5 254<\/td>\n<\/tr>\n | \n| 18<\/td>\n | \u00a0KeyHealth Platinum<\/td>\n | R6 036<\/td>\n<\/tr>\n | \n| 19<\/td>\n | \u00a0Fedhealth Maxima Plus<\/td>\n | R6 369<\/td>\n<\/tr>\n | \n| 20<\/td>\n | \u00a0Fedhealth Ultimax<\/td>\n | R8 736<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n A full, detailed breakdown of GTC’s rankings can be found in the full report<\/a><\/strong>.<\/p>\n
\nRead:\u00a0Best and worst medical aids in South Africa 2016<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"The latest GTC Medical Aid Survey for 2017 has been released, which compares local medical aid schemes on cost to members across various levels of cover.<\/p>\n","protected":false},"author":10,"featured_media":96741,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9876],"tags":[11991,26],"class_list":["post-180617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-gtc","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/180617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=180617"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/180617\/revisions"}],"predecessor-version":[{"id":228481,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/180617\/revisions\/228481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/96741"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=180617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=180617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=180617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | | | | | |