Digging deep for health benefits
01 November 2013 | Magazine Archives FAnews & FAnuus | Healthcare | FAnews
November and December are busy months for medical schemes as tariff increases for 2014 are published, and changes on options are made by members. The industry has definitely seen a slow, but steady, increase in member numbers. According to the Council for Medical Schemes, the number of principal members increased from 2011 to 2012 with 2.3% to 3 815 431 and the number of dependants increased by 1.4% to 4 864 042, resulting in the number of beneficiaries increasing by 1.8% to 8 679 473 at the end of 2012.
How can you assist your clients in making the right choice? We have approached a few schemes to share their 2014 increases with us so that you can get a clear idea of what 2014 holds for your client. Space was limited, but we believe that this will be a handy tool when discussions with clients are on the table.
