Update on coronavirus (COVID-19)

As coronavirus (COVID-19) continues to spread worldwide, with more than 100 countries impacted, in excess of 110 000 reported cases, and South Africa now having reported a number of confirmed cases of coronavirus, it is important to note the following key points from the World Health Organisation (WHO): “We need to remember that with decisive, early action, we can slow down the virus and prevent infections. Among those who are…

Coronavirus (COVID-19) Covered by Momentum

Following the outbreak of the Coronavirus (COVID-19) in South Africa, we understand that people are concerned. During times like these, the last thing a person needs is to worry about whether one is covered. Momentum reaffirms that our clients are covered, protected and supported – aligned to the specific medical scheme and life insurance products they selected. Peace of mind with Momentum Life Insurance We reassure our clients that there…

Here’s how the NHI will affect you – including new rules about seeing a specialist

The fund will be a massive state-run medical scheme, and all South Africans will be members. Most healthcare – including doctors’ visits, medicines, operations and hospital stays – will be free, for everyone. Instead of paying your monthly membership, you will pay a similar amount of extra tax on your income But there remain huge reservations about whether government can afford, and manage, its NHI plans. The National Health Insurance…

Critical illness benefits: cover the unexpected costs

Money, unfortunately, cannot buy perfect health. But it can at least help to lift the large financial burden when dreaded and life-changing illnesses like cancer, strokes and heart disease strike. Not only is the cutting-edge medical technology used to treat these illnesses very expensive, but the recovering patient often requires costly lifestyle changes like modifications to the home to allow wheelchair access or the employment of a full-time caretaker. Being…