The Consumer Goods Medical Scheme (CGMS) offers a range of benefit options to keep your workforce healthy, engaged, and productive.
How can CGMS address these challenges for your business?
Assessing Your Workforce’s Needs:
- Health Profile
Consumer goods production, logistics, and sales employees face unique health risks. Over 40% of work-related illnesses stem from occupational stress, while chronic conditions like diabetes and hypertension are rising. CGMS provides health cover to address these prevalent issues, including mental health support and chronic disease management.
- Affordability Reality
With only 16.1% of South Africans able to afford private medical aid, and many consumer goods workers earning modest incomes, accessible healthcare is essential. Over 80% of the population relies on public or employer-supported healthcare. CGMS offers affordable options, and with subsidies provided by employers, we can work hand in hand with to ensure your employees have the medical aid cover they deserve.
What to Look for in a Medical Aid
CGMS delivers a comprehensive, industry-specific benefit mix:
- Hospital Cover: Full inpatient care for emergencies and planned procedures.
- Chronic Condition Management: Support for diabetes, hypertension, and other chronic illnesses.
- Day-to-Day Benefits: GP visits, prescriptions, dental, and optometry care.
- Mental Health Support: Therapy sessions to help combat stress.
- Preventive Care & Screenings: Annual check-ups and vaccinations to reduce absenteeism, which costs businesses up to 17% of payroll annually.
- Cost-Effective Structure: An income-based option for employees to make medical aid more affordable.
CGMS provides competitive pricing while delivering comprehensive benefits, helping employers attract and retain talent in an industry where 35% of companies report labour shortages due to health-related issues.
What to do Next?
- Audit your workforce’s health and budget needs.
- Contact CGMS to explore a range of benefit options.
- Engage a FAIS-accredited broker to get the best advice.
The Consumer Goods Medical Scheme (CGMS) empowers consumer goods employers to tackle health challenges, reduce absenteeism, and enhance productivity. By offering affordable, comprehensive cover and partnering with a trusted broker, CGMS helps businesses build a healthier, more engaged workforce.
Invest in your workforce’s health with CGMS today!