
Understanding The World Of Healthcare
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A medical aid is similar to a “stokvel”. People contribute and agree to the rules and benefits. Similarly, in a medical scheme, the money in the pool pays for health claims. What can you do to manage costs and why are young, healthy people important in a scheme population? Dr Jonathan Broomberg, Shivani Ranchod and Deon Kotze unpack healthcare costs, how medical schemes work for you, how waste and fraud affect costs, medical aid rules and premium increases. Listen now.