Medshield ups benefits, while keeping 2023 premium increases to a minimum

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 59%

Health Health Headlines News

SPONSORED | MedshieldSA knows that spiraling interest rates and fuel prices have wreaked havoc on South Africans’ disposable income. That’s why this member-centric medical scheme has kept its 2023 annual premium increases as low as possible.

, and reduced and removed co-payments on specific procedures. The scheme also unlocked unlimited GP consultations for selected conditions once members’Impressively, considering healthcare inflation and the current state of the economy, the scheme is able to provide

“Before we even started with the design process of our 2023 product offering, we approached our members and brokers to ascertain their needs, and refined our product offering to address the gaps raised. We have thus enhanced and improved the Medshield basket of options accordingly, subject to the Council for Medical Schemes’ approval.

Medshield is able to offer its members enhanced benefits, while keeping annual premium increases to a minimum, by funding a portion of the cost of such benefits from its reserves. “We hope these measures will add value to the lives of our members and support them in these trying times,” said Fritz.“Medshield is in a good position,” said Fritz. Due to prudent strategic decisions and financial management, the scheme is

The hospital-at-home benefit allows members to receive hospital-level treatment at home through 24/7 digital monitoring and personal care where required, and the WhatsApp Doc advice line, introduced at the beginning of the pandemic, allows members to get advice from a registered GP. Medshield found that, though the instances of Covid-19 have dropped, many members are still using this line to get informed advice on this and other conditions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Medshield Medical Scheme launch 2023 benefits and confirms its position as its members’ healthcare partner for lifeMedshield Medical Scheme launch 2023 benefits and confirms its position as its members’ healthcare partner for life MedshieldSA
Source: BusinessTechSA - 🏆 24. / 61 Read more »