Category Healthcare
SUB CATEGORIES General  |  HIV |  Medical Schemes | 

Health Squared’s fresh approach boosts benefits and keeps increases low in 2020

07 October 2019 Health Squared Medical Scheme

SA’s only true hybrid scheme maintains competitive edge

Sophisticated benefit design that puts medical scheme members in control of their healthcare while providing one of the strongest value propositions in the market has enabled Health Squared Medical Scheme to implement single digit contribution increases and an array of benefit enhancements for the coming year. The Scheme’s industry-leading hybrid options coupled with its pioneering Agility Rewards Platinum programme with its unique cash-back rewards incentives, which enables members to earn up to R37 900, are setting a new standard in affordability and value within the healthcare funding industry.

“Health Squared offers the industry’s most potent affordability and value proposition, which seamlessly integrates with the Agility Rewards employee wellbeing and financial services products and ensuring exceptional value to individuals and employer groups alike. In terms of option-specific contribution increases for 2020, we have worked hard to ensure that our members benefit from some of the lowest increases in a decade,” comments Health Squared spokeswoman Bianca Viljoen.

Health Squared, which commenced operations early in 2019 following the merger of Resolution Health and Spectramed medical schemes, announced a weighted average increase of 9.8%, which translates to as little as three percent on some of its benefit options.

Members who subscribe to Health Squared’s exclusive Agility Rewards Platinum can choose to offset their contribution increases through reinvesting their cash-back rewards, Viljoen explains. This programme enables families to earn up to R37 900 per year for simple, achievable healthy lifestyle choices. Members on this programme are rewarded for gym exercise, fitness programmes, school and university fees, flights on any airline, routine health screenings, and participating in sporting events, to name but a few examples.

“Across all options, we have implemented a 4.5% increase in benefits on categories of cover, as well as additional maternity scans and other option-specific enhancements. This means that our 36,628 beneficiaries are more than recouping their annual membership fees in terms of the richness of the benefits they are entitled to.”

The Scheme’s contribution increases were primarily driven by healthcare inflation, which routinely outstrips annual consumer price index inflation.

For 2020, those enrolled on Health Squared’s Rise capitation plan would see the principal member’s contribution increase by a mere five percent, with no increase implemented for adult or child dependents.

“Amidst an industry-wide trend where medical scheme members are looking to reduce costs, individuals and families are looking for true, quantifiable value from their healthcare cover. Understandably, given conventional approaches to the provision of healthcare cover, we are increasingly finding that members want more bespoke cover that affords them greater control over their healthcare benefits.

“Employer groups are looking for the flexibility to provide cover for all levels of the workforce, from executive level to semi-skilled staff, as well as value-added rewards that holistically support health and wellbeing,” she notes.

“Health Squared is addressing these market-driven needs through providing the ideal mix of traditional, new generation and hybrid model benefit options, which represents a wealth of choice for members and corporates. “This wide range of choice and unmatched flexibility ensures that people of all ages and all income levels have their healthcare needs covered from every angle with Health Squared,” Viljoen concludes.

Quick Polls


Healthcare brokers have long complained about inflation-plus medical scheme contribution increases; but pandemic may have changed things. What will pandemic-induced changes in hospital utilisation do to medical scheme contribution increase patterns?


Below inflation increase for 2022, then back to inflation-plus
Long-term trend of below inflation increases
Inflation-linked hikes for 2022, then back to inflation-plus
This is a 2-year hiccup, inflation-plus increase trend remains in place
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