About Grintek Electronics Medical Aid Scheme (GEMAS)

GEMAS is a closed medical scheme registered in terms of the MedicalSchemes Act no 131 of 1998 and is restricted to employees of SAAB Grinktek (Pty) Ltd.

Contributions
GEMAS offers competitive income based contribution rates. GEMAS members have consistently contained their medical expenditure and as a result, annual contribution increases have been kept to a minimum.

Benefits
GEMAS benefits have been designed with comprehensive coverage with in-hospital treatment in mind.  Hospitalisation and related expenses are covered at 250%  of the National Health Reference Price List (NHRPL) to avoid any shortfalls for the member's account.

Out of hospital expenses are covered at 80% of NHRPL rates, subject to competitive limits.

Financial Position
To ensure that schemes are able to meet their payment obligations, the Medical Schemes Act stipulates that a scheme must have reserve funding of 25% of gross annual contributions.  GEMAS significantly exceeds this percentage, a clear indication of the scheme’s solid financial foundation.

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