flexifed4 case study - fedhealthr5 994 p.m. r6 244 p.m. r6 969 p.m. flexifed 4elect pm + ad + 2c...

flexiFED 4Save either 11% or 25% every month by choosing the GRID or Elect version of this option. You’ll enjoy the same benefits, but at a 11% lower monthlycontribution for using only the 100 top network hospitals on our GRID hospital network. Or, you can enjoy a 25% saving every month by choosing to pay a fixedR11 500 co-pay on any planned hospital procedures (Elect). In emergencies, you’ll still be taken to the nearest private hospital to be stabilised.

See below:

flexiFED 4

Per Month Per Annum

Core Benefit Bundle (Risk) R7 506 R90 072

SAVINGS R63 R756

TOTAL R7 569 R90 828

TOTAL PAYMENT TO THE SCHEME(Core Benefit Bundle + MediVault repayment)

Total MediVault available for a family of 4 = R19 500

Below some repayment examples

R5 400ACTIVATED

R9 000ACTIVATED

R19 500ACTIVATED

TOTAL MEDIVAULT REPAYMENT TO THE SCHEME

R450 p.m. R750 p.m. R1 625 p.m.

R8 019p.m. R8 319 p.m. R9 194 p.m.

Per Month Per Annum

Core Benefit Bundle (Risk) R6 681 R80 172

SAVINGS R56 R672

TOTAL R6 737 R80 844

TOTAL PAYMENT TO THE SCHEME(Core Benefit Bundle + MediVault repayment)

Total MediVault available for a family of 4 = R17 400

Below some repayment examples

Amount you will save on annual contribution

R9 984

R5 400ACTIVATED

R8 400ACTIVATED

R17 400ACTIVATED

TOTAL MEDIVAULT REPAYMENT TO THE SCHEME

R450 p.m. R700 p.m. R1 450 p.m.

R7 187 p.m. R7 437 p.m. R8 187 p.m.

flexiFED 4GRID

This is a network option. Choose from 100 top-class network hospitals.

PM + AD + 2C PM + AD + 2C

Per Month Per Annum

Core Benefit Bundle (Risk) R5 696 R68 352

SAVINGS R48 R576

TOTAL R5 744 R68 928

TOTAL PAYMENT TO THE SCHEME(Core Benefit Bundle + MediVault repayment)

Total MediVault available for a family of 4 = R14 700

Below some repayment examples

Amount you will save on annual contribution

R21 900

R3 000ACTIVATED

R6 000ACTIVATED

R14 700ACTIVATED

TOTAL MEDIVAULT REPAYMENT TO THE SCHEME

R250 p.m. R500 p.m. R1 225 p.m.

R5 994 p.m. R6 244 p.m. R6 969 p.m.

flexiFED 4Elect PM + AD + 2C