Young employees starting off in the job market often find it impossible to pay for medical aid, leaving them exposed to devastating medical costs in the case of a car accident or other unforeseen medical emergencies.
Momentum has solved this longstanding dilemma by introducing health insurance cover, a product proving hugely popular amongst employers looking to offer their employees healthcare cover. By offering a combination and variety of choices that range from day-to-day dentistry, optical and doctor visits to accident cover, a hospital cash benefit, funeral benefit and even HIV cover, the Health4Me product allows employers to choose a solution that fits the financial profile of its staff members, as well as their healthcare needs.
And, the transition from Health4Me into Momentum Health’s more comprehensive options is seamless. This means that, as employees’ healthcare and financial profile change, they are able to upgrade and be part of the third largest open medical scheme in South Africa, entrusted with the healthcare of more than 120 000 families. The flexibility and choice entrenched in this scheme enables each and every employee to tailor an option to his/her unique preference and needs. Momentum Health’s provider choice model allows members to save more than 35% on contributions, simply by opting to make use of selected service providers.
Another major drawcard is the HealthReturns programme, Momentum’s one-of-its-kind programme rewarding an active, healthy lifestyle with up to R5 400 per adult per year. This means employees can opt for a lower contribution and supplement their day-to-day expenses simply by paying their HealthReturns into a HealthSaver (savings account). A win-win, because not only does the employee save money and increase savings, but by being active he/she also improves his health and that in turn benefits productivity at the workplace.
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