Our Products and Benefits are Developed and Designed with You in Mind
How dependable are we?
• Hosmed has been in existence for over 30 years
• Solvency ratio of 32.4% as at 31 December 2018
• Low pensioner ratio of 4.9% as at 31 December 2018
• The average size of families on the Scheme is 2.7%
• Average number of beneficiaries is 61739
• Sustained Global Credit Rating of A- for the past 5 years
• Non-Healthcare Expenditure maintained below 10%
Enhancements to Products and Benefits introduced in 2020
• Introduction of an Efficiency Discount Option (Value Core)
• Rand sub limits increased by 5% across all options
• Essential Option Income bands expanded
• Reference to State Hospitals as DSP removed on all options
• Sterilisation limit increased to R16 000 on Plus, Value and Access
• Vasectomy co-payment on all options removed
• Insulin pump benefit on all options moved to the appliances benefit
• Hyperbaric Oxygen Therapy removed from the exclusion list on all options
• 30% co-payment on accommodation, medicines, consultations and procedures for back surgery removed on Plus and Value
• Limits for medication for age related macular degeneration on all options removed
• Introduction of conscious sedation for children up to the age of 12 for basic dentistry on all options
• Introduction of implants benefit of R15000 per family every 5 years for Plus and Value
• Per beneficiary limit for contraceptives removed on Plus and Value
• Mothers qualify for the BAMBINO maternity bag at 24 weeks of pregnancy
