Momentum Medical Scheme will delay contribution increases again until April 2023, then hike them by 8.5%. This will result in a 6.4% effective increase for 2023.
Over the past few years, a new trend has emerged in medical schemes – deferred increases designed to lift financial pressure on members battling to make ends meet.
There's scope for a system where the private sector can alleviate pressure in the public sector and more effectively use the available budget for NHI, writes Damian McHugh.
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