As of 2023, the cheapest plan available from the South African Police Service Medical Scheme (Polmed) is the Aquarium plan (subsidized by employer) with a price range from 112 to 463 South African rand (approximately 5.97 to 24.69 U.S. dollars), depending on the main member's income bracket. The Marine full plan, which is not subsidized by the employer, has the highest contributions determined by income band, with monthly contributions ranging from 2,806 to 3,783 South African rand (around 149.62 201.72 U.S. dollars).
Polmed medial aid main member price range in South Africa in 2023. by plan
(in South African rand)
Characteristic
Lowest price option
Highest price option
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Fiscal year runs from 1 April to 31 March the following year.
Polmed is a restricted medical scheme in South Africa, which is reserved for employees of the South African Police Services.
Restricted medical schemes are only available to people who work in specific industries, have certain academic qualifications, are employees of a certain company or belong to certain professional associations in South Africa.
The price range data applies to main members only. Contributions for additional adult members are the same as the main member, and contributions for children are significantly less.
South African medical schemes are non-profit trusts that their members own. The contributions made by the members are put together and used to pay pertinent medical costs where necessary while keeping a legislated surplus (at least a 25 percent solvency ratio) to prevent the scheme from collapsing. Some medical plans have an option for saving, which creates a collective savings from a member’s monthly payments for personal use.
Conversion rate as on 09/25/2023: 1 USD = 18,75 South African rand.
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Polmed ZA. (September 25, 2023). Polmed medial aid main member price range in South Africa in 2023. by plan (in South African rand) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1415020/polmed-medical-aid-plans-and-price-range-in-south-africa/
Polmed ZA. "Polmed medial aid main member price range in South Africa in 2023. by plan (in South African rand)." Chart. September 25, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1415020/polmed-medical-aid-plans-and-price-range-in-south-africa/
Polmed ZA. (2023). Polmed medial aid main member price range in South Africa in 2023. by plan (in South African rand). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1415020/polmed-medical-aid-plans-and-price-range-in-south-africa/
Polmed ZA. "Polmed Medial Aid Main Member Price Range in South Africa in 2023. by Plan (in South African Rand)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/statistics/1415020/polmed-medical-aid-plans-and-price-range-in-south-africa/
Polmed ZA, Polmed medial aid main member price range in South Africa in 2023. by plan (in South African rand) Statista, https://www.statista.com/statistics/1415020/polmed-medical-aid-plans-and-price-range-in-south-africa/ (last visited August 25, 2024)
Polmed medial aid main member price range in South Africa in 2023. by plan (in South African rand) [Graph], Polmed ZA, September 25, 2023. [Online]. Available: https://www.statista.com/statistics/1415020/polmed-medical-aid-plans-and-price-range-in-south-africa/
