Bonitas Medical Fund: 2024 Product Launch round up

At a glance:

  • 353 763 Principal members
  • 727 041 Total beneficiaries 
  • 62 000 new principal members added last year
  • 18.7% chronic profile
  • Average age of beneficiary: 35.5
  • Average age of new members is 13 years younger than existing members
  • R8.8 billion in reserves  
  • 41.3% solvency ratio
  • AA+ Credit rating 

Plans

Bonitas offers a wide range of plans that are simple and easy to understand. There are 15 options in five categories: Savings, traditional, hospital, Edge (virtual) and income-based.

Increases 

  • The average increase, across all plans, is 6.9%
  • The risk contribution on Primary, Primary Select, BonSave, BonFit Select, BonEssential, BonEssential Select, BonStart, BonStart Plus and BonCap is 6%
    • These options contribute to over 70% of new business
    • 227 000 members will experience an increase below CPI – approximately 65% of our membership
  • Plan increases range from 2.7% to 9.6%
  • Increased savings, for BonSave it’s an increase of 25%

Note: Contributions from January 2024

Name of planType of planMain

member

Adult

member

Child

member

%

increase

BonComprehensiveSavingsR9 853R9 292R2 0069.6%
BonClassicSavingsR6 732R5 780R1 6629.6%
BonCompleteSavingsR5 359R4 293R1 4559.6%
BonSaveSavingsR3 447R2 671R1 0326.8%
BonFit Select SavingsR2 295R1 719R   7722.7%
BonStartEdgeR1 378R1 378R1 3783%
BonStart Plus EdgeR1 754R1 668R   7733%
StandardTraditionalR4 922R4 267R1 4448.4%
Standard SelectTraditionalR4 448R3 849R1 3028.4%
PrimaryTraditionalR2 993R2 341R   9527.2%
Primary SelectTraditionalR2 619R2 048R   8327.2%
Hospital StandardHospitalR2 964R2 497R1 1278.4%
BonEssentialHospitalR2 287R1 690R   7397.1%
BonEssential SelectHospitalR1 998R1 464R   6596.7%
BonCap 

New and revised income bands 

Income-based5.5%
R0 to R10 680R1 430R1 430R   673
R10 681 to R17 330R1 745R1 745R   802
R17 331 to R22 541R2 813R2 813R1 064
R22 542+R3 453R3 453R1 310

What’s new?

  • Mental Health: Due to a 25% increase in the number of mental health hospital admissions, the mental health programme has been included on all plans for 2024. 
    • Depression has also been added as a chronic condition on 11 plans
    • The mental health app – Panda – is a free to download mental health and wellness mobile app available to all members
  • Hearing: As part of the audiology programme, free online hearing screenings have been introduced
  • DBC Back and neck programme: A physiotherapy network has been established 
  • Oncology: Increased specialised drug benefit on BonClassic, BonComprehensive, Standard and Standard Select
    • International bone marrow searches allowed
  • Introduction of a Be Better Benefit, paid from risk for a range of screening tests and benefits to allow for early detection (all plans except BonCap)
    • An annual wellness screening (blood pressure, blood glucose, BMI, cholesterol)
    • Flu vaccines
    • HIV
    • Lipograms
    • Mammograms
    • Pap smears
    • Prostate screening
    • Pneumococcal vaccine
    • Whooping cough boosters
    • HPV vaccines
    • Stool tests for colon cancer
    • Dental fissure sealants
    • Online hearing screening
    • Contraceptives
  • Pharmacy network:  Over 4 000 pharmacies to choose from including all Clicks, Dischem and Medirite branches
  • HPV vaccine has been extended to all plans. 2 doses for females aged 9 to 14 years and 3 doses for females aged 15 to 26 years per lifetime
  • HIV+ members: An annual test for HIV+ members who had a positive cytology test, as well as a choice between the 3-yearly basic cytology test or a 5-yearly HPV PCR test 
  • The Benefit Booster has been adjusted according to utilisation (10% monetary increase on 8 plans). The only benefit in the market which provides members with access to an additional amount to use for out-of-hospital expenses at no extra cost – effectively giving savings and day-to-day benefits a healthy boost
    • Covers everything from additional GP consultations to acute medicine.
  • Increased the child dependant age to 24 years, not just for students
  • Partnered with What’s Up Doc: An innovative patient-driven WhatsApp service that allows doctors on the BonCap network to engage with members more easily – sharing prescriptions, blood test results, specialist referrals, etc – it’ll improve care coordination
Bonitas – innovation, life stages and quality care
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