CIMAS Medical Aid Society will be increasing medical aid contributions with effect from February 2019.
In a press statement CIMAS said the contributions will increase by a range of 20 to 30 percent. CIMAS managing director Washington Madziwadondo said healthcare provisions and medicines have increased since 2017 therefore it is necessary for them to also increase contributions. The statement reads:
The Society has noted the escalating costs in healthcare provision and medicines, which is negatively affecting our claims ratio. We have been absorbing increased costs of medicines since 2017. Medicine costs have escalated by more than 100 percent while private hospitals increased their tariffs by 25 percent. The Society is currently engaged in negotiations whose outcome will be communicated to you in due course. Based on the developments above, and the need to ensure the sustainability of the medical aid fund, the Society will increase contributions effective 1st of February 2019 by a range of 20 percent – 30 percent.
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