Half of scheme members happy to pay for others’ vaccines
According to an online-survey conducted by the CMS (75 518 responses) only half of SA’s medical scheme members back a government proposal that they help fund COVID-19 vaccines for non-members. The results reflect division within the medical schemes industry, which has yet to agree with the government on how it might help fund the vaccine rollout.
The most likely way is that medical schemes will pay a premium on the price the government pays to vaccine manufacturers, but it is still not clear how the premium will be set, reported Business Day (17 March 2021). Key concerns are the potential effect on medical schemes’ financial sustainability, and the legality of funding care for non-medical scheme members.