SPONSORED | MedshieldSA has been able to maintain affordable premiums without compromising the quality of health care for its members.
Medshield provides affordable, high-quality health care, so your loved ones are always taken care of.Starting the year with the economy under greylisting has brought attention to SA's financial challenges and the importance of saving money. But despite a strained economic environment, which has affected the affordability of medical scheme products, Medshield Medical Scheme has been deliberate in providing members with the best value for money.
Like many businesses and individuals, Medshield faced economic difficulties and had to adapt to a number of operational challenges, all while ensuring that members' healthcare needs were met. The Covid-19 pandemic in 2022 further affected the health and wellbeing of members and Medshield employees, which was worsened by other medical conditions, including mental health challenges.
Despite this, the scheme maintained a robust financial position against industry standards. At their 54AGM, Medshield announced a healthy solvency ratio and AA-credit rating — as awarded by the Global Credit Rating Agency for 2022.
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