Momentum medical aid medial aid main member price range in South Africa 2023. by plan

Momentum medial aid main member prices in South Africa in 2023. by plan

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Release date

September 2023

Region

South Africa

Survey time period

2023

Supplementary notes

The price range data applies to main members only. Contributions for additional adult members are either the same as the main member or slightly lower, and contributions for children are significantly less. Open medical schemes are open to all South Africans who are able to pay for membership.

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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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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