{"id":259385,"date":"2018-07-19T09:16:21","date_gmt":"2018-07-19T07:16:21","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=259385"},"modified":"2018-07-19T09:33:18","modified_gmt":"2018-07-19T07:33:18","slug":"if-you-are-on-one-of-these-16-medical-aid-plans-youve-chosen-well","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/259385\/if-you-are-on-one-of-these-16-medical-aid-plans-youve-chosen-well\/","title":{"rendered":"If you are on one of these 16 medical aid plans – you’ve chosen well"},"content":{"rendered":"

The GTC 2018 Medical Aid Survey (MAS) has identified 16 medical aid plans as being ‘the best value for money’ in South Africa.<\/p>\n

The 16 plans come from 6 different schemes, out of a total of 21 open plan schemes that have 72 medical aid plans serving some 9 million South Africans.<\/p>\n

GTC, formerly Grant Thornton Capital and a diversified financial services company,<\/span> analysed and rated medical aid schemes according to a standardised comparison, and ranked the choices available to members.<\/p>\n

When analysed purely in terms of premiums \u2013 the survey\u2019s micro ranking \u2013 Fedhealth emerged as the medical aid which held the most top positions across all the classifications.<\/p>\n

Discovery was ranked in first place for the survey\u2019s macro rankings, which analyses a medical aid\u2019s overall \u2018health\u2019 and longevity in terms of factors such as its solvency level, membership growth, net healthcare result and member satisfaction.<\/p>\n

The micro rankings are mainly those elements around price and value for money, while the macro ranking relate mainly to its sustainability.<\/p>\n

When combining both the GTC micro and macro rankings, Discovery claimed the highest number of top positions across all categories \u2013 for the second consecutive year since the survey\u2019s release eight years ago.<\/p>\n

This year\u2019s survey reviewed 21 open schemes and one closed scheme (Profmed) covering 22 plans divided into five categories, eight subcategories and three micro categories. Many of these were further split between network and non-network schemes, whilst some of them go on to reflect day-to-day spending levels.<\/p>\n

The full range of plans have been graded according to GTC\u2019s \u2018likelihood of support\u2019 each plan type will receive and offers a simplified method of comparing options and cost for members.<\/p>\n

GTC noted in addition to factoring in complaints received from members on social media sites such as Hellopeter.com\u2013 as an indication of members\u2019 satisfaction with their medical aids \u2013 the 2018 macro grading also took into account the compliments that schemes received, as well as the Hello Peter Index.<\/p>\n

Bonitas moved up seven places in the macro rankings as a result of Liberty\u2019s members being amalgamated into the Bonitas scheme.<\/p>\n

A full, detailed breakdown of GTC\u2019s rankings can be found here.<\/a><\/p>\n

GTC Healthcare broker Jill Larkan identified the following 16 ‘entry level – comprehensive – mid salary’ plans with a high likelihood of support:<\/p>\n

\"\"<\/a><\/p>\n

* Salary banded, ** State-only hospital cover provided, *** PMB only cover provided for hospitalisation.<\/p>\n

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Read:\u00a0These are the 16 best medical aid schemes for families in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The GTC 2018 Medical Aid Survey (MAS) has identified 16 medical aid plans as being ‘the best value for money’ in South Africa.<\/p>\n","protected":false},"author":10,"featured_media":200828,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[11991,26],"class_list":["post-259385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-gtc","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/259385","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=259385"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/259385\/revisions"}],"predecessor-version":[{"id":259485,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/259385\/revisions\/259485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/200828"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=259385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=259385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=259385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}