South Africa’s second open medical aid scheme, Bonitas, announced a 4.8% weighted average increase in its medical plans in 2022.
The increases will vary according to the group’s plans, with the BonStart premium contribution fee decreasing by 7.9%. This can be attributed to the low cost / benefit ratio and profile of the plan’s younger members, Bonitas said.
The scheme has 338,751 core members and a total of 722,943 beneficiaries.
The group said it will come up with a total of 15 plans for 2022, comprising traditional, savings, hospital, edge (virtual), network and income-based plans, each appealing to different target markets.
Price variations range from minus -7.9% to + 6.5%. Bonitas said it chose to increase its options which are currently in the growth phase – BonSave, BonFit and BonEssential – by just 3.6%.
The average increase of 4.8% is close to the recommendation of the Council for Medical Schemes (CMS), which recommended that increases in medical aid be in line with the CPI of 4.2%.
Bonitas said his average – a little above this value – is based on CMS’s warning that financial stability and program sustainability remain a priority. The group uses 600 million rand of its reserves to limit price increases.
New offers being introduced include an additional virtual plan, BonStart Plus; a renewed emphasis on managed care with an oncology management program; as well as an improved limb app, powered by AMP, which includes a personalized wellness program to encourage healthier behavior, the group said.
Here’s how the contributions will change for 2022:
|Plan||Price 2021 (main)||Price 2022 (main)||Switch|
|GoodComprehensive||R7 715||R8 217||+ 6.5%|
|Good Classic||R5 330||R5 677||+ 6.5%|
|GoodComplete||R4 291||R4 570||+ 6.5%|
|BonSave||R2 847||R2 950||+ 3.6%|
|BonFit Select||R2 152||R2 230||+ 3.6%|
|Good start||R1 452||R1 338||-7.9%|
|BonStart Plus (New)||–||R1 670||–|
|Standard||R4 044||R4 230||+ 4.6%|
|Standard selection||R3 859||R3 822||+ 6.5%|
|Primary||R2 537||R2 654||+ 4.6%|
|Main selection||R2 180||R2 322||+ 6.5%|
|Hospital standard||R2 434||R2 592||+ 6.5%|
|GoodEssential||R1 962||R2 033||+ 3.6%|
|BonEssential Select||R1 675||R1 784||+ 6.5%|
|BonCap R0-R700 (New)||–||R780||–|
|BonCap R701-R9.430 (revised)||R1 212||R1 274||+ 5.1%|
|BonCap R9,431-R15,320 (Revised)||R1 434||R1 507||+ 5.1%|
|BonCap R15,321-R19,930 (Revised)||R2 311||R2 429||+ 5.1%|
|BonCap R19.931 +||R2 837||R2 982||+ 5.1%|
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