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Despite the challenges in the healthcare industry, including higher claims ratios, increasing costs, and declining industry reserves accumulated during the onset of the Covid-19 pandemic, Bestmed Medical Scheme continues to demonstrate resilience and growth – as confirmed at its 60th Annual General Meeting (AGM) held virtually on Wednesday, 26 June 2024.
On 17 September, Bestmed – one of South Africa’s top five medical schemes and winner of 2015 FIA Healthcare Product of the year award – launched the ‘Conversations’ about pertinent healthcare issues in the country, at The Focus Rooms in Sunninghill, Johannesburg.
Bestmed is now the 5th biggest open medical aid scheme and has achieved their growth targets in a market that has seen less than 2% growth year-on-year for the last five years. This was confirmed at the Bestmed 2014 AGM which took place at the CSIR in Pretoria on the 30th of May 2014, marking the Scheme’s 50th anniversary.