Treasury gives broke military medical fund R840m shot in the arm
A fund that provides healthcare to thousands of retired soldiers has been thrown an R840 million lifeline by Treasury to keep its services running amid a deepening financial crisis.
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A fund that provides healthcare to thousands of retired soldiers has been thrown an R840 million lifeline by Treasury to keep its services running amid a deepening financial crisis.
Defence Minister Angie Motshekga has promised retired soldiers that they will continue to receive healthcare, while admitting that their medical fund is “unsustainable” in its current state.
Winter brings extra costs such as higher electricity use, increased medical expenses and the need for winter essentials.
Full relief for inflation with small increase in medical tax credits
The medical aid tax rebate and fuel levy hikes are set to dominate scrutiny of South Africa's latest national budget.
It is time for government to get its priorities straight and stop giving political appointments and government pay increases higher than inflation.
Health Minister Aaron Motsoaledi has been vocal about wanting it phased out.
Consumers want to know if they will keep their medical tax credits and whether income tax brackets will be adjusted.
Although the minister of finance said in his budget speech that medical scheme tax credits will remain intact, it seems some have other plans