Payment relief on medical schemes unlikely

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If you are struggling to meet your medical scheme contribution this month, don’t hold out for a blanket offering of a premium waiver, writes Maya Fisher-French.

If you are struggling to meet your medical scheme contribution this month, don’t hold out for a blanket offering of a premium waiver.

Discovery said more than 200 000 families on the scheme had sufficient accumulated savings to apply for at least one month’s contribution relief. Larkan said few medical scheme members had much savings left by the middle of the year to use for premium relief. Damian McHugh, head of sales and marketing at Momentum Health, said members could use both their HealthSaver and HealthReturns to pay for their premiums.: “Small, medium and micro enterprises with fewer than 200 employees may approach their medical aid scheme to request a ‘premium holiday’ on the understanding that, although premiums are not payable during this period, cover for their members is maintained,” said Larkan.

 

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