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Dear Valued Client,
We have reached that time of the year when medical schemes announce their product enhancements and premium increases for the new year. This year Discovery Health has taken cognisance of the impact of Covid and has launched a very attractive range of enhancements as well as NO PREMIUM INCREASE until 1 May 2022! They have used some of their excess reserves to fund this 4 month “premium increase holiday”.
From 1 May 2022 premiums will increase by 7.9%, effectively resulting in a 5.3% increase for 2022.Covid has certainly sped up the use of technology and Discovery has already started making use of their new initiative, Hospital at Home. With the use of the BioBeat device, up to 750 patients can be monitored and treated at hospital level in their own homes. Another new innovation, Discovery Pay, allows members to scan and pay for their treatment at the healthcare provider’s premises, resulting in immediate settlement of an account from funds in their Medical Savings Account. This will certainly take the administrative stress away from paying with your cash or credit card and claiming back from Discovery.Discovery Bank is proving to be the technology hub of future innovation and we can certainly see Discovery’s drive to encourage their clients to utilise their banking products. Some of their new offerings include the ability to open US Dollar, GB Pound or Euro accounts and transact with ease.

For those clients investing with Discovery Invest, they will now be able to access attractive loans against their investments. A new Discovery Bank feature that went live today is the Financial Analyser. This sophisticated technology dissects one’s monthly spend to allow clients to budget and manage their finances better. Time will tell if this works!

We have seen significant increases in the rates that specialists are charging and thus the need for GAP COVER has never been more important. If you don’t have Gap cover, please let us know and we will provide you with a quote for the most appropriate option for your needs.

You will receive your specific policy details and option change forms from Discovery Health during the next month. Kindly contact us should you not receive this information.

We would like to suggest you contact us if you would like to review your policy and especially if your situation has changed during this year.

Alternatively, please select from the following options by clicking on the most suitable one:

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