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Mediclinic News : BRACE FOR 10% INCREASE IN THE MEDICAL AID CONTRIBUTIONS

Title

BRACE FOR 10% INCREASE IN THE MEDICAL AID CONTRIBUTIONS

Date

2019-10-08

Link

News Description

THE HERALD Medical scheme members and their employers should brace for a 10% increase in their contributions in 2020, outpacing the annual general inflation rate by 4.6%, according to Aon SA, which advises employers on employer provided medical benefit costs. This means your salary increase is likely to be lower than the increase in your contributions as it is more likely to be based on inflation, or lower if your employer is struggling.
Created at 2019/10/14 10:47 AM by Mediclinic
Last modified at 2019/10/14 10:47 AM by Mediclinic