Medical aid needs to change to accommodate the requirements of contemporary South Africans and they are honoured to be at the forefront of this change.
On October 1, a daring new medical assistance program will be introduced. With the strength of Sanlam and Fedhealth’s 89-year history of innovation, it is built to provide exactly what have been requesting: greater affordability, choice and value.
After hearing what South Africa wants from a program, they’re enhancing what already exists, making adjustments where needed and developing a medical assistance experience that genuinely prioritises patients.
Earlier this year, Fedhealth was appointed as Sanlam’s sole open medical scheme provider, combining the experience of a financial giant with a legacy of innovation.
This action bolsters the Sanlam group’s entire financial services value proposition, which aims to deliver a comprehensive health solution to both current and prospective customers. The collaboration furthers Sanlam’s goal of providing a more comprehensive, cost-effective, and sustainable healthcare, insurance and investment offering.
This deal would help Fedhealth achieve its goal of increasing its market share in South Africa’s corporate market, which could result in a significant influx of new corporate members through Sanlam’s existing clientele.
The new Scheme will continue to function as a separate organisation, with a Board of Trustees made up of Scheme members.