MOTO HEALTH CARE NEWSLETTER | ISSUE 4 OF 2024
Principal Officer's Note
Welcome to the final newsletter for 2024. This year has had many milestone events, most notably the national elections, which has seen a change in the political landscape especially with the formation of a Government of National Unity (GNU). Many South Africans are quite upbeat about this development, which they are anticipating will improve service delivery and the economy. This bodes well for the motor industry too, with industry pundits predicting that there will be a positive shift in the purchasing patterns of consumers who have been under financial pressure for the past few years. Indeed, there are early signs of renewed activity in this sector of economy, albeit marginal gains, but gains nonetheless.
In keeping with the philosophy of 'Taking care of our own', Moto Health Care has also contributed to the welfare of its members by ensuring that contribution increases are contained to lower-than-industry averages. The increase for each benefit option is different and based on its individual financial performance, which resulted in an overall weighted increase of 8.9%, lower than many of its competitors. Benefits have also been increased in line with consumer price index (CPI) to ensure that members’ benefits are able to meet with the tariff increases from healthcare providers. The Scheme has also reviewed its preventative and wellness benefits to assist members to seek and afford pro-active assistance with their healthcare status.
It is important that members choose a benefit option for 2025 that fully caters for their healthcare needs. One of the biggest challenges facing medical scheme members is when they choose an option that may be more cost effective than another but discovers later that certain benefits are not covered on their chosen option. This may lead to frustration and disappointment on the part of the member and/or their families. The way to avoid such scenarios is by reaching out to the Scheme’s representatives (your broker, your Account Executive or the Scheme’s call centre on 0861 000 300) to get clarity on what benefits you require and what is covered on your chosen benefit option. The Scheme often receives option change requests after the option change deadline has passed when members realise that they are on an option that does not cater fully to their healthcare needs. Please use our communication channels to ensure that you and your family have the most appropriate cover.
Finally, as you page/scroll through the exciting contents of our newsletter, do take some time to appreciate the year that is almost over and reflect on all the things you are thankful for. I wish you and your loved ones a very blessed and safe festive season and do take care on the roads if you are travelling. Thank you again for your ongoing support to Moto Health Care and we look forward to welcoming you to 2025!
Please click here to view Issue 4. Should you wish to see a specific topic addressed in future issues of this quarterly newsletter, please email your suggestions to news@mhcmf.co.za.