Discovery Health UPDATE – March 2022

Discovery Health Medical Scheme defers 2022 contribution increase to
1 October 2022.

In October 2021, Discovery Health Medical Scheme announced that contributions for 2022 will increase by 7.9%, but that the increase will only be effective from 1 May 2022 to assist members.

Subsequent to the announcement, the claims and investment experience of Discovery Health Medical Scheme was better than anticipated. This allows the Scheme to defer the 2022 contribution increase by another five months to 1 October 2022. This will allow members to enjoy their 2022 benefits at 2021 rates for the first nine months of 2022.

By deferring the contribution increase to 1 October 2022, members will only experience an increase of 2% in their total contributions paid to the Scheme during 2022 when compared to their December 2021 rates.

PLEASE NOTE THE FOLLOWING

UNIFORM INCREASE ACROSS ALL PLANS
The contributions for all Discovery Health Medical Scheme plans will increase by 7.9% on 1 October 2022.

INCREASES IN MEDICAL SAVINGS ACCOUNTS (MSA)
All members on plan options with a Medical Savings Account will have a 7.9% increase in their MSA contributions from 1 October 2022. As a result, they will enjoy a corresponding increase in their MSA balance which will be allocated in March 2022.

UPGRADES ALLOWED FOR 2022
Members will still be allowed a concession to upgrade to any Discovery Health Medical Scheme option effective 1 May 2022 and again on the contribution increase implementation date, 1 October 2022.
Should you wish to upgrade or downgrade, please contact your OBIN Healthcare Advisor or inform us in writing by email to admin@obin.co.za before Monday 4 April 2022.

NO UPDATES TO LIMITS, CO-PAYMENTS, DEDUCTIBLES AND THRESHOLDS
Limits, co-payments, deductibles and thresholds were increased on 1 January 2022, and will remain at their current levels for the rest of 2022.

NO CHANGES TO BENEFITS AND NETWORKS
All plan benefits and hospital networks will remain unchanged.

Should you require any additional information or advice, please contact your OBIN Healthcare Advisor.