Few people realise how much money medical aid administrators consume to administer the business of processing medical aid claims. One of the biggest medical aids in the country takes 15% of the total member payments for administration and profit.

This is put into perspective when one realises that this is the same total amount as every consulting doctor in the country combined.

The medical aid has staff of about 4500, and I estimate no more than ten office complexes around the country. Consulti...
Continue reading ...