Bonitas Medical Fund has announced its price increase for 2024, with a weighted increase of 6.9%. <\/p>\n\n\n\n
“We appreciate that many of our members and South Africans, in general, are faced with increasing financial pressures,” said Lee Callakoppen, Principal Officer of Bonitas. <\/p>\n\n\n\n
“We have taken great care to balance our benefit enhancements to provide value to our members while still ensuring that contributions remain affordable.”<\/p>\n\n\n\n
“For 2024, the weighted increase is 6.9%, with the average increase across nine of our plans at 6%. This means that over 227,000 members \u2013 around 65% of our membership – will experience an increase below CPI.” <\/p>\n\n\n\n
The group added that the scheme is financially sound, with reserves increasing to R8.8 billion in 2022 despite investing R1.4 billion to members in 2021 and 2022. <\/p>\n\n\n\n
The membership numbers also grew by 62,000 principal members, with the average age of new members 13 years younger than the average, which it states is helping to attract a young, healthier profile.<\/p>\n\n\n\n
The Council for Medical Schemes (CMS) said that medical aids should limit their price increases to 5% in 2024, plus a reasonable utilisation estimate of 3.2% to 3.8% – taking the possible increase closer to roughly 8.5%. <\/p>\n\n\n\n
The weighted increase of 6.9% at Bonitas is thus lower than the CMS’s recommendations, however, some plans have seen fee increases of up to 9.6%. <\/p>\n\n\n\n
The new prices for the various plans can be found below: <\/p>\n\n\n\n New additions <\/strong><\/p>\n\n\n\n Following a 25% increase in the number of mental health hospital admissions, several mental health programmes have been included in all the plans for 2024. <\/p>\n\n\n\n Depression has been added as a chronic condition on 11 plans, whilst the free-to-download mental health and wellness mobile app, Panda, will be available to all members. <\/p>\n\n\n\n Free online hearing screening has also been introduced as part of the audiology programme, whilst a physiotherapy network has also been established. <\/p>\n\n\n\n Additionally, the Be Better Benefit has been added to all plans except BonCAP, paid from risk for a range of screening tests and benefits to allow for early detection.<\/p>\n\n\n\n For those on BonCap, the scheme has partnered with What’s Up Doc, a WhatsApp service that will allow doctors on the BonCap network to engage with members more easily. <\/p>\n\n\n\n The child-dependent age has also been increased to 24 years and is longer just for students. <\/p>\n\n\n\nName of plan<\/strong><\/td> Type of plan<\/strong><\/td> Main
Member<\/strong><\/td>Adult
Member<\/strong><\/td>Child
Member<\/strong><\/td>%
Increase<\/strong><\/td><\/tr>BonComprehensive<\/td> Savings<\/td> R9 853<\/td> R9 292<\/td> R2 006<\/td> 9.6%<\/td><\/tr> BonClassic<\/td> Savings<\/td> R6 732<\/td> R5 780<\/td> R1 662<\/td> 9.6%<\/td><\/tr> BonComplete<\/td> Savings<\/td> R5 359<\/td> R4 293<\/td> R1 455<\/td> 9.6%<\/td><\/tr> BonSave<\/td> Savings<\/td> R3 447<\/td> R2 671<\/td> R1 032<\/td> 6.8%<\/td><\/tr> BonFit Select<\/td> Savings<\/td> R2 295<\/td> R1 719<\/td> R 772<\/td> 2.7%<\/td><\/tr> BonStart<\/td> Edge<\/td> R1 378<\/td> R1 378<\/td> R1 378<\/td> 3.0%<\/td><\/tr> BonStart Plus<\/td> Edge<\/td> R1 754<\/td> R1 668<\/td> R 773<\/td> 3.0%<\/td><\/tr> Standard<\/td> Traditional<\/td> R4 922<\/td> R4 267<\/td> R1 444<\/td> 8.4%<\/td><\/tr> Standard Select<\/td> Traditional<\/td> R4 448<\/td> R3 849<\/td> R1 302<\/td> 8.4%<\/td><\/tr> Primary<\/td> Traditional<\/td> R2 993<\/td> R2 341<\/td> R 952<\/td> 7.2%<\/td><\/tr> Primary Select<\/td> Traditional<\/td> R2 619<\/td> R2 048<\/td> R 832<\/td> 7.2%<\/td><\/tr> Hospital Standard<\/td> Hospital<\/td> R2 964<\/td> R2 497<\/td> R1 127<\/td> 8.4%<\/td><\/tr> BonEssential<\/td> Hospital<\/td> R2 287<\/td> R1 690<\/td> R 739<\/td> 7.1%<\/td><\/tr> BonEssential Select<\/td> Hospital<\/td> R1 998<\/td> R1 464<\/td> R 659<\/td> 6.7%<\/td><\/tr> BonCap (R0 to R10 680)<\/td> Income-based<\/td> R1 430<\/td> R1 430<\/td> R 673<\/td> 5.5%<\/td><\/tr> BonCap (R10 681 to R17 330)<\/td> Income-based<\/td> R1 745<\/td> R1 745<\/td> R 802<\/td> 5.5%<\/td><\/tr> BonCap (R17 331 to R22 541)<\/td> Income-based<\/td> R2 813<\/td> R2 813<\/td> R1 064<\/td> 5.5%<\/td><\/tr> BonCap (R22 542+)<\/td> Income-based<\/td> R3 453<\/td> R3 453<\/td> R1 310<\/td> 5.5%<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n \n
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