Day

June 21, 2017

Is a medical aid from a larger scheme always better? GTC Medical Aid Survey 2017 results reveal small medical aids also offer good value.

Findings for 2017 also highlight consumers may be unaware of their own medical aid plans and the benefits therein. Smaller medical schemes perform well by offering consumers value for money, but they have not been as successful as some of the larger schemes in attracting new members, and thereby ensuring continued value and ‘health’ for the scheme over the long term. This is one of the significant conclusions from leading wealth and financial advisory firm GTC in its seventh annual Medical Aid Survey for 2017, according to Jill Larkan, the firm’s Head: Healthcare Consulting. The Medical Aid Survey analyses and rates medical aid schemes and it further provides a standardised comparison and ranking of the choices available to consumers. “This survey cuts through the notoriously complicated landscape of the medical aid industry and simplifies it according to the factors that...
Read More