[ADVISOR VIEW] if you’re a member of an open medical scheme and you’re not receiving advice and service from your healthcare advisor, ask yourself why – because you’re paying a fee for it: Craig Torr - crueinvest. Moneyweb MedicalAid
There’s no denying that medical aid membership is expensive and, with medical inflation outstripping consumer inflation by around 3% to 4% year-on-year, it’s likely that your medical aid premiums will consume a bigger and bigger proportion of your household consumption over time.
However, what many open medical scheme members don’t realise is that a portion of their monthly premium is paid by the scheme to the broker on record in the form of commission. That means that the broker who introduced you to the scheme will continue to earn a commission paid from your monthly contribution, with this commission currently legislated at R118.18 per month or up to 3% of contributions , whichever is the lower.
So, if you’re a member of an open medical scheme and you’re not receiving advice and service from your healthcare advisor, ask yourself why – because you’re paying a fee for it.The primary function of your healthcare advisor or broker is to ensure that you and your loved ones are on the most appropriate plan option for your needs and that, as a family, you are receiving full value for the private healthcare you’re paying for.
As is evident from the above that your medical aid advisor has a pivotal role to play in helping you navigate and manage your healthcare. Further, as one’s personal health and circumstances can change rapidly, advice and service should be both proactive and ongoing.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Assault docket disappears after Mashatile’s advisor allegedly assaults ex-wife | City PressDeputy President Paul Mashatile’s newly appointed international advisor Mukoni Ratshitanga has evaded prosecution after an assault docket opened by his ex-wife, Phumzile Kotane, went missing at the Midrand Police Station last year.
Read more »
Table View SAPS recovers stolen items worth more than R1 millionFour women were arrested at a bed and breakfast in Parklands last week after more than R1 million worth of items were stolen. As per a statement by the Table View police department, the items included clothing, jewelry, suitcases, cell phones, electronic equipment and laptops.
Read more »
De Ruyter brought Eskom into disrepute: ChairmanFormer Eskom CEO André de Ruyter faces criticism as the chairperson, Mpho Makwana, accuses him of bringing the company into disrepute.
Read more »
A French Company Is Taking R200 000 Reservations For Space Balloon...That's right, you will now be able to see a unique view of Earth in a huge balloon filled with hydrogen or helium.
Read more »
Assault docket disappears after Mashatile’s adviser allegedly assaults ex-wife | City PressDeputy President Paul Mashatile’s newly appointed international advisor Mukoni Ratshitanga has evaded prosecution after an assault docket opened by his ex-wife, Phumzile Kotane, went missing at the Midrand Police Station last year.
Read more »
READER LETTER | A gang helped Bester fulfil a mission of dark purposeREADER LETTER | A gang helped Bester fulfil a mission of dark purpose: In view of the enormity of Bester’s escape, it’s clear that an organised gang carried out the abduction or kidnapping of Katlego Bereng in order to fulfil a mission of a dark purpose.
Read more »