Prescribed Minimum Benefits and Cost Control Solutions

The BHF says prescribed minimum benefits reform and collective tariff bargaining are key to curbing above-inflation medical aid increases.
Prescribed Minimum Benefits and Cost Control Solutions
Image | Karolina Grabowska | Unsplash/xilP2_ayf6A

Medical scheme members cannot keep absorbing above-inflation increases or downgrading to cheaper options indefinitely, the Board of Healthcare Funders (BHF) says. The industry body is therefore calling for long-delayed reform of prescribed minimum benefits (PMBs) and collective tariff bargaining.

BHF managing director Katlego Mothudi told Moneyweb that reform must address what schemes cover. The BHF has written to the Council for Medical Schemes (CMS) and is awaiting a meeting.

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