3 more open medical schemes have released their increases for 2011.
Bonitas medical scheme: weighted average increase of 9.6%. Includes a 16% reduction on contributions on its Essential option, which has been restructured as a hospital plan. On it’s other plans, increases will range from 9.4% to 12.4%.
Spectramed medical scheme: Increase in contributions of 8.5%. Increase range from 8.5% on three options to 23.5% on Hospital Elite option.
Medshield medical scheme: Increase by 9.5%.
Genesis medical scheme: Increase of 9.5%
There has also been a correction in Liberty’s weighted average increase…the previous article which i took information from (Personal Finance), stated that Liberty’s weighted average increase was 13.7%, the scheme has said that it’s weighted average increase is 12.8%.
Information taken from article :”Three large medical schemes announce contribution hikes”, by Laura du Preez. In the Personal Finance (Weekend Argus, October the 23rd 2010).
Remember, it pays to have cover!