The Government Employees Medical Scheme (GEMS) is facing a significant financial crossroads. It has recently paid out in a single year what some of South Africa’s largest private insurers distributed over a quarter of a century. This unprecedented surge in claims has triggered mandatory increases to GEMS Medical Aid for members, effective from 1 April. Rising Costs Amid Financial Pressure…
Tag: Medical Aid South Africa
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GEMS Tariff Intervention Underway Amid Affordability Concerns
The South African government has stepped into the controversy surrounding sharp increases in contributions to the Government Employees Medical Scheme (GEMS). Public Service and Administration Minister Mzamo Buthelezi told Parliament that officials will engage with GEMS trustees regarding what he called “unaffordable tariffs.” This follows a 9.8% hike in GEMS member contributions this year, on top of a 13.4% increase…
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Discovery Health Sees Membership Decline in 2024
Discovery Health Medical Scheme (DHMS) is navigating a challenging landscape. A recent annual report, released ahead of its AGM, reveals a notable decline in membership across several of its core medical plan options in 2024 compared with 2023. Nine out of the 16 core DHMS medical plan options experienced a drop in members. Seven plans saw increases. One of these…