Is Bankmed part of Discovery Health?
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Is Bankmed part of Discovery Health?
Bankmed and Discovery Health Medical Scheme are two separate legal entities. No relationship exists between Bankmed and Discovery Health Medical Scheme. Discovery Health (Pty) Ltd is a registered medical scheme administrator and managed care organisation, also registered with the Council for Medical Schemes.
Is Discovery and Bankmed the same?
Discovery Vitality is a separate legal entity from the Bankmed Medical Scheme (“the Scheme”) and its administrator.
How do I contact Bankmed?
Bankmed’s complaint process. Please call our customer service centre on 0800 BANKMED (0800 226 5633) to let us know about your enquiry or complaint. The call is toll free from a Telkom landline and our skilled agents are ready to help. If you prefer e-mail, send your enquiry or complaint to [email protected].
Who bought Bankmed?
businessman Alaa Al Khawaja
Egypt-based Jordanian businessman Alaa Al Khawaja acquired the 42.24 percent stake of Ayman Hariri in GroupMed Holding which fully owns Bankmed. The oher shareholders in GroupMed are Saad Hariri (42.24%) and Nazek Hariri (the remaining 15.5 percent).
What medical aid is the best in South Africa?
This chart shows member distribution across the top 5 Medical Aids in South Africa.
- Discovery Health. Members: 1.14 million. Beneficiaries: 2.46 million.
- Bonitas Medical Fund. Members: 273,285. Beneficiaries: 602,415.
- Momentum Health. Members: 100 936. Beneficiaries: 200 062.
- Medshield. Members: 84,860.
- Fedhealth. Members: 72,945.
Which is the best Discovery medical aid plan?
For Discovery, its Classic Saver plan is by far the most popular, with 680,000 beneficiaries (25%) attached to the plan. Half of all Discovery beneficiaries are on a Saver plan, which bundles in medical savings for a higher monthly contribution (a portion of the fee goes into savings).
Is Bankmed is underwritten by Discovery?
The administration of Bankmed is, by law, independent from the management of the Scheme and all administration services are contracted to Discovery Health (Pty) Ltd, an accredited medical scheme administrator.
Which medical aid is the best in South Africa?
Does Bankmed cover plastic surgery?
The following are examples of items typically not covered by Bankmed: Operations, treatment and procedures for cosmetic purposes.
How do I claim on Bankmed?
Bankmed website
- Log in.
- Go to Claims and click on Submit a claim.
- Once there, go to Upload and click on Upload now.
- Select the file you want to upload and then click on Send claim.
- Once the claim has been successfully uploaded, you should receive a reference number.
- Scan your claim and e-mail it to [email protected].
What does Bankmed essential plan cover?
The Essential Plan, Basic Plan and Traditional Plan could all work for you. These Plans provide cost-effective cover for hospitalisation, GP visits and specialist visits through a network of designated service providers. The Essential Plan provides cover for chronic medicine for Prescribed Minimum Benefits.
What does Bankmed basic plan cover?
Benefits as for hospitalisation 100% of cost 100% of cost Limited to PMBs Limited to PMBs Limited to PMBs Subject to pre-authorisation and PMB regulations. The organ recipient must be a Bankmed beneficiary for benefits to apply. Benefits for Specialists will be as specified elsewhere this schedule.
Which is the best medical gap cover in South Africa?
Sanlam and Absa emerged as the top-ranked gap cover providers in South Africa. Sanlam offers the best value for money to people under the age of 60 – their Comprehensive Gap Cover costs approximately R250* per month per individual or family.
Who is the largest self administered scheme in SA?
Bestmed Medical Scheme (Bestmed), South Africa’s largest self-administered medical scheme and fourth largest open medical scheme, has appointed Tribeca Public Relations (Tribeca) as its PR agency after a competitive pitch process.
How long do Bankmed claims take?
within 48 hours
We are also able to process electronic claims within 48 hours of receipt. The processed claim will reflect on your next e-mail Claim Notification. Your smartphone goes wherever you go, and so does your ability to submit claims. The Bankmed App is a free app for Android, Apple and BlackBerry smartphones and tablets.
Which Bankmed plan is best?
The Traditional Plan, Comprehensive Plan or Plus Plan would best suit your needs. On all of these Plans, we pay 100% of the Scheme’s Maximum Medical Aid Price (MMAP) for designated service providers in the Bankmed GP Network and Pharmacy Network. The Plus Plan offers the highest limit for chronic medication.
