Discovery delays increase in monthly premiums for second consecutive year
Discovery has again delayed the implementation of increases in monthly premiums for its members.
It is the second year in a row the medical aid scheme has delayed the increases.
A 7.9% increase will come into effect in May 2022, however.
CEO Ryan Noach says this will provide a contribution relief of more than R4 billion for its members.
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“After delaying the annual contribution increases for 2021 by 6 months to 1 July 2021, the Scheme announced that the annual contribution increases of 7.9% for 2022 would only be implemented from 1 May 2022.
“With lingering COVID-19 economic effects, the deferred contribution increase provides much needed contribution relief for members of Discovery Health Medical Scheme.”
Discovery delays increase in monthly premiums for second consecutive year by sibahle motha on Scribd
