Are your clients paying out-of-pocket? Here’s why…
01 November 2022
The phrase co-payment is quite familiar to medical scheme members and the thousands of healthcare brokers that advise them. In fact, the mere mention of the rand amounts that members might have to pay out-of-pocket when their schemes fall short is enough to convince them to sign up for comprehensive gap cover, which is only available to medical scheme members. This may sound like harsh judgement and an unfair ‘stab’ at the gap cover market; but the fact that South Africa’s private medical insurance solution fails so consistently at providing full coverage that a second cover is necessary bears investigating.