Posted by CareSpace.net Young on Thursday, February 25, 2010
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. Consulting doctors (15 000) combined have an estimated 15 000 offices, and another 30 000 staff.
For which the same percentage is deemed adequate!
If that doesn't make you think about where YOUR money is being wasted, nothing will!
I am eternally restless, always pushing the boundaries, an early adopter, obsessive about the things I am interested in, a bit hyperactive, and an adrenaline junkie!
My poor wife!! She has given me two beautiful children and a home to grow old in! I owe her everything I have.
I write as a hobby, and contribute to medical publications, and international blogs on medicine.
I play guitar, sing a bit (not very well!), write music, and lead worship for our local Vineyard church.
I have a hard-won faith, found by the long and difficult route, in a God who loves us equally and passionately, and His Son, Jesus, who died that we might live lives of eternity.