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MediHelp proudly boasts the ability to handle some 3.6 million claims and pay out within 5.4 days on average, an impressive feat even by today’s high tech standards. The medical aid industry in South Africa is changing but Medihelp is one of the schemes that seem set to survive any major legislative changes or competition as it has a tried and tested reputation for reliability and quick payouts. This means that MediHelp has sufficient reserves to keep paying for member’s medical bills at a time where many smaller schemes are shutting down. However, it has not changed the fact that MediHelp is still such a formidable player in the South African medical aid industry with a solvency rate well about the minimum set by the Council of Medical Schemes. With the birth of GEMS, the government employee medical scheme, many open medical aids lost members and MediHelp was no exception. MediHelp is known for being one of the best paying medical aids for claims and has an AA-rating based on its payout ability. Currently MediHelp has over 200,000 members in South Africa and while it is not as large a member base as Discovery Health, it is still one of the largest open medical aids in the country. It was registered as a medical aid in 1969 but has over a 100 years experience in healthcare funding ensuring that South Africans have the best cover in the market. MediHelp is one of the trusted names in the medical aid industry.

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