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Medical aid contributions see steep hikes for 2025: What's driving the increase?
Contribution hikes for medical aid is set increase between 9. 3% and 12. 75% for 2025. Take a look at what the driving forces are behind this surge.
Listen: Bestmed CEO talks medical scheme costs, contributions and compliance challenges
Today we are talking medical aids, and experiencing my own 9% increase in contribution this past April, health coverage is no longer close to my heart but has become more of a cut-throat situation.
Rising global inflation and interest rates may affect consumer medical aid decision-making
Rising global inflation and rising interest rates continue to have a negative impact on disposable income and may affect an individual’s decisions when choosing health insurance, whether it is foregoing medical aid and/or choosing a lower-cost option.