10 Most Popular Medical Aid Schemes By Memberships

Medical Aid SchemesThe most recent statistics released by the Council for Medical Schemes (CMS) shows that of the 82 registered medical aid schemes in South Africa, Discovery is by far the largest in terms of members. The figures, released late 2017, show Discovery to have just over 2.7 million members. That is close on a million more than the second largest, the Government Employees Medical Scheme, GEMS. Discovery has in excess of 50% of the market share. Not bad for such a competitive industry.

Here is a list of the top 10 schemes in terms of membership numbers.

  1. Discovery Health Medical Scheme: 2.707 million
  2. Government Employees Medical Scheme (GEMS): 1.801 million
  3. Bonitas Medical Fund: 676 785
  4. South African Police Service Medical Scheme (Polmed): 497 129
  5. Momentum Health: 257 371
  6. Bankmed Restricted: 214 305
  7. Bestmed Medical Scheme: 200 400
  8. Medihelp: 195 858
  9. Medshield Medical Scheme: 153 415
  10. LA-Health Medical Scheme: 147 778

While bigger is not always best it does give some advantages. Discovery has a range of attractive benefits apart from medical cover. Having said that, many of the other schemes also have great benefits.

One has to do a bit of homework to decide on the cover and benefits you require relative to the cover that the scheme provides.

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