MP
Mario P
1 reviews | Active since Jan 2011
19 Oct 2015, 21:21
13.4 % Increase in Premium for Coastal Saver
How can Discovery Health justify these types of premium increases.********** Corporate Greed!
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Discovery Health's replyOfficial
20 Oct 2015, 07:46Hello Mr Public,
Thank you for your comment.
Premium increases must balance affordability and sustainability of healthcare cover. In 2016, contribution increases will vary by plan to maintain this balance, while keeping Discovery Health Medical Scheme (DHMS) the most affordable choice across the entire spectrum of healthcare needs.
Scheme contribution increases reflect the rising cost of healthcare accessed by members. Three factors drive these increases: tariffs, which are closely correlated with CPI, demand side factors that reflect changing demographics, and supply side factors that are due to advances in medical technology and practice. Schemes must be proactive in managing these factors, which can have a significant impact on contribution increases. As you may be aware the average increase for premiums in 2016 for DHMS is around 8.6% which is 1.3% lower compared to 2015's average increase of premiums of 9.9%. This shows that our efforts in reducing costs has had a positive impact on our membership base and we will continue to bring these costs down where possible in our efforts. Your increase for 2016 is reflected at 8.9% and not 13.4% as you mention.
Regards
Rishana
Thank you for your comment.
Premium increases must balance affordability and sustainability of healthcare cover. In 2016, contribution increases will vary by plan to maintain this balance, while keeping Discovery Health Medical Scheme (DHMS) the most affordable choice across the entire spectrum of healthcare needs.
Scheme contribution increases reflect the rising cost of healthcare accessed by members. Three factors drive these increases: tariffs, which are closely correlated with CPI, demand side factors that reflect changing demographics, and supply side factors that are due to advances in medical technology and practice. Schemes must be proactive in managing these factors, which can have a significant impact on contribution increases. As you may be aware the average increase for premiums in 2016 for DHMS is around 8.6% which is 1.3% lower compared to 2015's average increase of premiums of 9.9%. This shows that our efforts in reducing costs has had a positive impact on our membership base and we will continue to bring these costs down where possible in our efforts. Your increase for 2016 is reflected at 8.9% and not 13.4% as you mention.
Regards
Rishana
Discovery Health's reply20 Oct 2015, 07:46
Official
Hello Mr Public,
Thank you for your comment.
Premium increases must balance affordability and sustainability of healthcare cover. In 2016, contribution increases will vary by plan to maintain this balance, while keeping Discovery Health Medical Scheme (DHMS) the most affordable choice across the entire spectrum of healthcare needs.
Scheme contribution increases reflect the rising cost of healthcare accessed by members. Three factors drive these increases: tariffs, which are closely correlated with CPI, demand side factors that reflect changing demographics, and supply side factors that are due to advances in medical technology and practice. Schemes must be proactive in managing these factors, which can have a significant impact on contribution increases. As you may be aware the average increase for premiums in 2016 for DHMS is around 8.6% which is 1.3% lower compared to 2015's average increase of premiums of 9.9%. This shows that our efforts in reducing costs has had a positive impact on our membership base and we will continue to bring these costs down where possible in our efforts. Your increase for 2016 is reflected at 8.9% and not 13.4% as you mention.
Regards
Rishana
Thank you for your comment.
Premium increases must balance affordability and sustainability of healthcare cover. In 2016, contribution increases will vary by plan to maintain this balance, while keeping Discovery Health Medical Scheme (DHMS) the most affordable choice across the entire spectrum of healthcare needs.
Scheme contribution increases reflect the rising cost of healthcare accessed by members. Three factors drive these increases: tariffs, which are closely correlated with CPI, demand side factors that reflect changing demographics, and supply side factors that are due to advances in medical technology and practice. Schemes must be proactive in managing these factors, which can have a significant impact on contribution increases. As you may be aware the average increase for premiums in 2016 for DHMS is around 8.6% which is 1.3% lower compared to 2015's average increase of premiums of 9.9%. This shows that our efforts in reducing costs has had a positive impact on our membership base and we will continue to bring these costs down where possible in our efforts. Your increase for 2016 is reflected at 8.9% and not 13.4% as you mention.
Regards
Rishana