News / National
CellMed hikes premiums by 80%
03 Aug 2019 at 10:16hrs | Views
CellMed Health Medical Fund a subsidiary of Cell Insurance Company and one of the few companies that offer self funded medical aid solutions has hiked its premiums by 80%.
Cellmed revealed this in an email to its members.
Said Wellmed, "We would like to take this opportunity to advise you that the Fund shall be increasing monthly subscriptions by 80% with effect from the 1st of September 2019. The subscription increase has been necessitated by increase in service fees by service providers, the need to ensure sustainability of the Fund and continued quality service provision. "
The Medical aid added, "In an effort to cushion members against shortfalls and co-payment the Fund shall be implementing the following measures with effect from the 1st of September 2019
"1. Members benefits shall be increased by 185% across the board.
"2. CellMed drug fees payable to service providers shall be increased by 150%."
According to a report in the Newsday of 22 April 2019, a forensic audit on Hwange Colliery Company Limited (HCCL) unearthed that the company lost millions of dollars in a medical aid scam involving a firm chaired by Mines minister Winston Chitando.
The audit was carried out by Reynolds Tendai Muza, an auditor and investigator with Ralph Bomment Greenacre and Reynolds.
HCCL was said to have contracted a medical aid insurance company called Cellmed, where gross payments of $1 022 188 were made in 2017 to 2018, yet medical aid claims were not being honoured.
When the Parliamentary Portfolio Committee on Mines visited HCCL last year, workers' committee chairperson Deliverance Moyo told MPs that Chitando was at the time chairman of Cellmed.
He even claimed that workers were forced to be members of Cellmed when Chitando became HCCL board chairman.
Cellmed revealed this in an email to its members.
Said Wellmed, "We would like to take this opportunity to advise you that the Fund shall be increasing monthly subscriptions by 80% with effect from the 1st of September 2019. The subscription increase has been necessitated by increase in service fees by service providers, the need to ensure sustainability of the Fund and continued quality service provision. "
The Medical aid added, "In an effort to cushion members against shortfalls and co-payment the Fund shall be implementing the following measures with effect from the 1st of September 2019
"1. Members benefits shall be increased by 185% across the board.
"2. CellMed drug fees payable to service providers shall be increased by 150%."
According to a report in the Newsday of 22 April 2019, a forensic audit on Hwange Colliery Company Limited (HCCL) unearthed that the company lost millions of dollars in a medical aid scam involving a firm chaired by Mines minister Winston Chitando.
The audit was carried out by Reynolds Tendai Muza, an auditor and investigator with Ralph Bomment Greenacre and Reynolds.
HCCL was said to have contracted a medical aid insurance company called Cellmed, where gross payments of $1 022 188 were made in 2017 to 2018, yet medical aid claims were not being honoured.
When the Parliamentary Portfolio Committee on Mines visited HCCL last year, workers' committee chairperson Deliverance Moyo told MPs that Chitando was at the time chairman of Cellmed.
He even claimed that workers were forced to be members of Cellmed when Chitando became HCCL board chairman.
Source - Byo24News
