Medical Aid contributions 2024
Employees on Essential Comprehensive plan have now 2 options for 2024:
- Classic Comprehensive
- Classic Smart Comprehensive
JNJ Subsidy is based on below calculation:
- Member subsidy = 100% of essential saver cost For Essential plans & above
- Member subsidy = 100% of the actual plan cost for Coaster Saver & below
- Spouse / Adult subsidy = 95% of classic saver cost For Essential plans & above
Employees on fixed term contract (FTC) will receive an allowance = Coastal Saver Member Subsidy amount & it increase every time the Medical aid Subsidy Amounts increase.