With a rich heritage and extensive industry experience, Bonitas Medical Fund has an intimate understanding of the healthcare industry in South Africa. This enables us to provide affordable, quality medical aid benefits to both employer groups and individual members.
We demonstrate key indicators that remain significantly better than the industry average, consistently report a net surplus and have a solvency ratio of 30.7%, which comfortably exceeds the 25% legislated minimum. Consequently, we are able to introduce benefit enhancements and announce reasonable contribution increases.
With 293 000 principal members and 650 000 beneficiaries, we have the size, financial stability and strong key indicators to benefit from the market consolidation taking place. We go to great lengths to understand the market so that we can refine our products to suit the needs of our members. We are therefore well-placed to strengthen our position within the industry and as one of the leading medical aids in South Africa.
*Please note: All figures and information is as at 31 December 2014 (as per Council for Medical Schemes report 2014/2015).
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