Issue link: https://www.hub.camaf.co.za/i/1512927
2024 ALLIANCE PLUS & ALLIANCE NETWORK 07 How are my contributions calculated? A fixed amount is payable per month per Principal member and registered dependant/s relevant to the Alliance Plus & Alliance Network options. In this case, the monthly MSA amount is added. Example of the ALLIANCE PLUS monthly contribution: Principal member R7 825 R7 825 Adult dependant (1) R7 825 R7 825 Child (2) R4 232 x 2 R8 464 Savings - Adult R625 x 2 R1 250 Savings - Child R290 x 2 R580 TOTAL MONTHLY CONTRIBUTION R25 944 Example of the ALLIANCE NETWORK monthly contribution: Principal member R7 093 R7 093 Adult dependant (1) R7 093 R7 093 Child (2) R3 835 x 2 R7 670 Savings - Adult R565 x 2 R1 130 Savings - Child R260 x 2 R520 TOTAL MONTHLY CONTRIBUTION R23 506 When are contributions payable? They are due monthly in arrears by the 3rd day of each month; debit orders are run on the 1st and the 28th of each month. What happens if I fall into arrears with payment of my contributions? Where contributions have not been paid within 15 days of the due date, the scheme has the right to suspend membership and benefits for the period after the due date. You will be notified of the default and if not paid within a further 15 days, membership may be terminated. No benefits can be paid or authorisation for admission to hospital will be given. When does my child need to pay adult contribution rates? After the age of 21 adult rates apply from the beginning of the year in which the child turns 22. What is a late joiner penalty and when can it be applied? In terms of the Medical Schemes Act, schemes may impose a penalty on members applying for membership after the age of 35 years, where they have not been a member of a registered scheme for a period of two years or more. There is a sliding scale percentage rate (from 5 - 75%) that is added to the monthly contribution applicable to the beneficiary, which remains in place permanently. CAMAF does not impose any late joiner penalties on members that qualify for membership. 07 BACK TO CONTENTS PAGE