Group Medical

Medical protection for groups and employees

When selecting the right medical aid provider for your employee benefits scheme, the vast choice of health providers and plan options can be extremely complex.

A consultation with a GCI Medical Aid and GAP Cover Specialist will allow you to understand the small nuances in the different plans, so you can make an informed decision about medical aid contributions that benefit both your business and your employees.

Having a group medical aid in place also means you have an educated ally in your corner who can assist you with interactions with your employees’ medical scheme.

What are my contribution rates?

There is no fixed contribution rate. We believe an appropriate savings strategy in the region of a 15% contribution rate might suffice for a 40-year savings period, but this is negotiable and adaptable.

Some companies provide one contribution rate and all other benefits, insurance etc., are deducted from this percentage. Others set up different employee categories and vary the contribution rate and/or insurance benefits by category. You can be flexible in designing employee benefit packages – but it helps to have the advice of an expert.

At GCI, we also understand that it is not always possible to kick the medical aid fund off with a full contribution rate. We can tailor make a solution for you where you build up your contribution rate over a period of 3 to 5 years, with little impact on both the employer and employees’ salaries and expenses.

Talk to us about your employee medical aid needs