R3 001 – R5 000 (savings) R5 000 plus R5 000 plus (savings) Option 2 Option 2 (savings) Option 3 The contribution table for the amalgamated scheme should also be provided. For example: Income category Amalgamated scheme Member Adult dependant Child dependant Option X R0 – R1 000 R0 – R1 000 (savings) R1 001 – R3 000 R1 001 – R3 000 (savings) R3 001 – R5 000 R3 001 – R5 000 (savings) R5 000 plus R5 000 plus (savings) Option Y Option Y (savings) Option Z In the case where contributions for the amalgamated scheme will be changed, it is very important to note the basis for arriving at the monthly contribution rate charged. The breakdown of the monthly contribution should be on a per member/beneficiary per month basis.The submission should also include an impact analysis of the change in contribution in relation to member movements across options and how that will be mitigated. The following table depicts the minimum information to be disclosed: Description Option X Option Y Option Z pmpm pbpm % of pmpm pbpm % of pmpm pbpm % of GC GC GC Risk portion – healthcare related
R3 001 – R5 000 (savings) R5 000 plus R5 000 plus (savings) Option 2 Option 2 (savings) Option 3 The contribution table for the amalgamated scheme should also be provided. For example: Income category Amalgamated scheme Member Adult dependant Child dependant Option X R0 – R1 000 R0 – R1 000 (savings) R1 001 – R3 000 R1 001 – R3 000 (savings) R3 001 – R5 000 R3 001 – R5 000 (savings) R5 000 plus R5 000 plus (savings) Option Y Option Y (savings) Option Z In the case where contributions for the amalgamated scheme will be changed, it is very important to note the basis for arriving at the monthly contribution rate charged. The breakdown of the monthly contribution should be on a per member/beneficiary per month basis.The submission should also include an impact analysis of the change in contribution in relation to member movements across options and how that will be mitigated. The following table depicts the minimum information to be disclosed: Description Option X Option Y Option Z pmpm pbpm % of GC pmpm pbpm % of GC pmpm pbpm % of GC Risk portion – healthcare related
GdlBnPlnAmlgSchm20140213.docx