Bonitas Medical Fund: 2024 Product Launch round up

At a glance:

  • 353 763 Principal members
  • 727 041 Total beneficiaries
  • 62 000 new principal members added last year
  • 18.7% chronic profile
  • Average age of beneficiary: 35.5
  • Average age of new members is 13 years younger than existing members
  • R8.8 billion in reserves
  • 41.3% solvency ratio
  • AA+ Credit rating

Plans
Bonitas offers a wide range of plans that are simple and easy to understand. There are 15 options in five categories: Savings, traditional, hospital, Edge (virtual) and income-based.

Increases

  • The avarage increase across all plans is 6.9%
  • The risk contribution on Primary, Primary Select, BonSave, BonFit Select, BonEssential, BonEssential Select, BonStart, BonStart Plus and BonCap is 6%
    • These options contribute to over 70% of new business
    • 227 000 members will experience an increase below CPI – approximately 65% of our membership
  • Plan increases range from 2.7% to 9.6%
  • Increased savings, for BonSave it’s an increase of 25%

Note:Contributions from January 2024

Name of plan Type of plan Main member Adult member Child member % increase
BonComprehensive Savings R9 853 R9 292 R2 006 9.6%
BonClassic Savings R6 732 R5 780 R1 662 9.6%
BonComplete Savings R5 359 R4 293 R1 455 9.6%
BonSave Savings R3 447 R2 671 R1 032 6.8%
BonFit Select Savings R2 295 R1 719 R 772 2.7%
BonStart Edge R1 378 R1 378 R1 378 3%
BonStart Plus Edge R1 754 R1 668 R 773 3%
Standard Traditional R4 922 R4 267 R1 444 8.4%
Standard Select Traditional R4 448 R3 849 R1 302 8.4%
Primary Traditional R2 993 R2 341 R 952 7.2%
Primary Select Traditional R2 619 R2 048 R 832 7.2%
Hospital Standard Hospital R2 964 R2 497 R1 127 8.9%
BonEssential Hospital R2 287 R1 690 R 739 7.1%
BonEssential Select Hospital R1 998 R1 464 R 659 6.7%
BonCap
New and revised income bands
5.5%
R0 to R10 680 R1 430 R1 430 R 673
R10 681 to R17 330 R1 745 R1 745 R 802
R17 331 to R22 541 R2 813 R2 813 R1 064
R23 542+ R3 453 R3 453 R1 310

What’s new?

  • Mental Health: Due to a 25% increase in the number of mental health hospital admissions, the mental health programme has been included on all plans for 2024
    • Depression has also been added as a chronic condition on 11 plans
    • The mental health app – Panda – is a free to download mental health and wellness mobile app available to all members
  • Hearing: As part of the audiology programme, free online hearing screenings have been introduced
  • DBC Back and neck programme: A physiotherapy network has been established
    • International bone marrow searches allowed
  • Introduction of a Be Better Benefit, paid from risk for a range of screening tests and benefits to allow for early detection (all plans except BonCap)
    • An annual wellness screening (blood pressure, blood glucose, BMI, cholesterol)
    • Flu vaccines
    • HIV
    • Lipograms
    • Mammograms
    • Pap smears
    • Prostate screening
    • Pneumococcal vaccine
    • Whooping cough boosters
    • HPV vaccines
    • tool tests for colon cancer
    • Dental fissure sealants
    • Online hearing screening
    • Contraceptives
  • Pharmacy network: Over 4 000 pharmacies to choose from including all Clicks, Dischem and Medirite branches
  • HPV vaccine has been extended to all plans. 2 doses for females aged 9 to 14 years and 3 doses for females aged 15 to 26 years per lifetime
  • HIV+ members: An annual test for HIV+ members who had a positive cytology test, as well as a choice between the 3-yearly basic cytology test or a 5-yearly HPV PCR test
  • The Benefit Booster has been adjusted according to utilisation (10% monetary increase on 8 plans). The only benefit in the market which provides members with access to an additional amount to use for out-of-hospital expenses at no extra cost – effectively giving savings and day-to-day benefits a healthy boost
    • Covers everything from additional GP consultations to acute medicine.
  • Increased the child dependant age to 24 years, not just for students
  • Partnered with What’s Up Doc: An innovative patient-driven WhatsApp service that allows doctors on the BonCap network to engage with members more easily – sharing prescriptions, blood test results, specialist referrals, etc - it’ll improve care coordination

Disclaimer: All benefits are subject to approval by the Council for Medical Schemes.

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