As of 2021, open medical schemes had the highest out-of-pocket outlays from medical savings accounts (MSAs), with payments amounting to around 16 billion South African rand (862 million U.S. dollars). Restricted medical schemes, however, paid out significantly less from their medical savings account, with about 4.1 billion South African rand (221 million U.S. dollars) in layouts. This is due to restricted schemes being more comprehensive.
Out-of-pocket MSA payments in South Africa from 2015 to 2021, by scheme type
(in South African billion rand)
The source states the following: "This is an understatement of the true out-of-pocket payments that members incur as it is likely that medical schemes do not fully capture and submit all costs associated with seeking healthcare."
MSA stands for medical savings accounts.
*Open medical schemes are open to all South Africans who are able to pay for membership.
*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.
Conversion as of 8/3/2023: one dollar = 18.56 rand.
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Council for Medical Schemes. (July 21, 2023). Out-of-pocket MSA payments in South Africa from 2015 to 2021, by scheme type (in South African billion rand) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1403326/out-of-pocket-msa-payments-in-south-africa-by-scheme-type/
Council for Medical Schemes. "Out-of-pocket MSA payments in South Africa from 2015 to 2021, by scheme type (in South African billion rand)." Chart. July 21, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1403326/out-of-pocket-msa-payments-in-south-africa-by-scheme-type/
Council for Medical Schemes. (2023). Out-of-pocket MSA payments in South Africa from 2015 to 2021, by scheme type (in South African billion rand). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1403326/out-of-pocket-msa-payments-in-south-africa-by-scheme-type/
Council for Medical Schemes. "Out-of-pocket Msa Payments in South Africa from 2015 to 2021, by Scheme Type (in South African Billion Rand)." Statista, Statista Inc., 21 Jul 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1403326/out-of-pocket-msa-payments-in-south-africa-by-scheme-type/
Council for Medical Schemes, Out-of-pocket MSA payments in South Africa from 2015 to 2021, by scheme type (in South African billion rand) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1403326/out-of-pocket-msa-payments-in-south-africa-by-scheme-type/ (last visited November 10, 2024)
Out-of-pocket MSA payments in South Africa from 2015 to 2021, by scheme type (in South African billion rand) [Graph], Council for Medical Schemes, July 21, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1403326/out-of-pocket-msa-payments-in-south-africa-by-scheme-type/
