South Africa: Polmed medical aid plans 2023

As of 2023, the cheapest plan available from the South African Police Service Medical Scheme (Polmed) is the Aquarium plan (subsidized by employer) with a price range from 112 to 463 South African rand (approximately 5.97 to 24.69 U.S. dollars), depending on the main member's income bracket. The Marine full plan, which is not subsidized by the employer, has the highest contributions determined by income band, with monthly contributions ranging from 2,806 to 3,783 South African rand (around 149.62 201.72 U.S. dollars).

Polmed medial aid main member price range in South Africa in 2023. by plan (in South African rand)

Characteristic	Lowest price option	Highest price option
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Release date

September 2023

More information

Region

South Africa

Survey time period

2023

Special properties

fiscal year

Supplementary notes

Fiscal year runs from 1 April to 31 March the following year.

Polmed is a restricted medical scheme in South Africa, which is reserved for employees of the South African Police Services.

Restricted medical schemes are only available to people who work in specific industries, have certain academic qualifications, are employees of a certain company or belong to certain professional associations in South Africa.

The price range data applies to main members only. Contributions for additional adult members are the same as the main member, and contributions for children are significantly less. South African medical schemes are non-profit trusts that their members own. The contributions made by the members are put together and used to pay pertinent medical costs where necessary while keeping a legislated surplus (at least a 25 percent solvency ratio) to prevent the scheme from collapsing. Some medical plans have an option for saving, which creates a collective savings from a member’s monthly payments for personal use.

Conversion rate as on 09/25/2023: 1 USD = 18,75 South African rand.

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