Medical Funds – What funds a medical scheme?

Private medical funding in South Africa is viewed by many people as an absolute necessity to ensure that their healthcare is provided for. But how exactly do medical schemes fund their members’ claims, and do you really need a medical scheme to fund your healthcare expenses both now – and later – in life?

How medical scheme funds work?Funds & Contributions

To explain this, you need to understand how medical schemes (medical aids) operate.

Comparing medical funds

Private medical fund contributions

Medical Fund Administration & History

Private vs Company funds – which one should you choose?

Post-retirement healthcare funding / Medical aid pre-funding

final word on Medical fund reserves

Overall, Selfmed has for the past 45 years remained a healthy medical scheme fund, and we’ve built up considerable expertise in administration and managing our members’ contributions.

To contact us, or to learn more about any of our options, please don’t hesitate to call our Service Excellence Centre.