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Here are all the Momentum medical aid price increases for 2019

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Source: Google Images Source: Google Images

Momentum Health has published its fee schedule for 2019, showing how much clients can expect to pay for their various schemes in 2019.

According to the group, the average increase in contributions across its plans is 10.7% –  slightly above the industry corridor of 3% to 4% above CPI.

The group cited rising medical inflation and the April 2018 VAT hike to 15% as reason for the increase.

“The healthcare industry in South Africa is constant flux, perhaps more so at present than in recent years, given an increasingly unstable economic landscape and the proposal of new NHI regulations,” it said.

Despite the increase, Momentum said it still has one of the lowest average contributions on the market and has also avoided having to reduce benefits to achieve lower prices.

Momentum is the fourth biggest private medical aid scheme in South Africa with over 260,000 beneficiaries, behind Discovery, Bonitas and PolMed (fifth, if you include the government medical scheme, GEMS).

Here are the new prices for 2019 (principal member):

Ingwe

Plan based on monthly salary, with Hospital providers on a State, Ingwe or Any network. Chronic and day-to-day care are split between the Ingwe Primary Care Network (State or Ingwe) and the Ingwe Active Primary Care Network (Any).

PlanNetwork20182019Change (%)
Ingwe <=R700 State
Ingwe
Any
R370 R407 10.0%
Ingwe R701 – R6 800 State
Ingwe
Any
R603
R759
R986
R664
R835
R1 085
10.1%
10.0%
10.0%
Ingwe R6 801 – R9 000 State
Ingwe
Any
R691
R965
R1 378
R761
R1 062
R1 517
10.1%
10.4%
10.1%
Ingwe R9 001 – R12 500 State
Ingwe
Any
R806
R1 344
R1 877
R887
R1 479
R2 066
10.0%
10.0%
10.1%
Ingwe R12 501+ State
Ingwe
Any
R1 393
R1 903
R2 409
R1 533
R2 094
R2 651
10.1%
10.0%
10.0%

Impact

Hospital, chronic and day-to-day care on the Impact Network.

PlanNetwork20182019Change (%)
Impact Impact Network R2 025 R2 229 10.1%

Custom

Associated and Any hospital plans, with chronic care at State, Associated and Any provider.

PlanNetwork20182019Change (%)
Custom Associated State
Associated
Any
R1 366
R1 750
R1 885
R1 515
R1 944
R2 113
10.9%
11.1%
12.1%
Custom Any State
Associated
Any
R1 743
R2 074
R2 249
R1 938
R2 304
R2 521
11.2%
11.0%
12.1%

Incentive

Associated and Any hospital plans, with chronic care at State, Associated and Any provider.

PlanNetwork20182019Change (%)
Incentive Associated State
Associated
Any
R1 834
R2 514
R2 737
R2 006
R2 770
R3 012
9.4%
10.2%
10.0%
Incentive Any State
Associated
Any
R2 249
R2 737
R3 052
R2 464
R3 014
R3 406
9.6%
10.1%
11.6%

Extender

Associated and Any hospital plans, with chronic care at State, Associated and Any provider.

PlanNetwork20182019Change (%)
Extender Associated State
Associated
Any
R4 129
R4 715
R5 113
R4 580
R5 240
R5 684
10.9%
11.1%
11.2%
Extender Any State
Associated
Any
R4 723
R5 232
R5 816
R5 249
R5 813
R6 464
11.1%
11.1%
11.1%

Summit

Any hospital with freedom of choice for chronic and day-to-day care.

PlanNetwork20182019Change (%)
Summit Freedom of choice R8 342 R9 269 11.1%

 This article was sourced from BusinessTech; for the original article, click here.

 

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