Momentum Multiply vs Discovery Vitality are two of the top reward extras attached to popular Medical Schemes. When choosing between them consumers are increasingly considering the 'extras' attached to the medical aid schemes they are comparing, in the form of medical aid reward programs.
In a nutshell, medical aid reward programs are designed to encourage plan subscribers to lead healthier, more active lives. Such initiatives are undoubtedly good for member's general health but they are good for the medical aid companies too, as healthier members mean fewer claims. And should an employer sponsor a medical aid scheme offered to employees they stand to benefit too, as healthier employees mean fewer days lost to sick days, which helps their bottom line in a measurable way.
Momentum Multiply vs Discovery Vitality
In South Africa at the moment there are two 'major players' in the medical aids rewards program business; Momentum Multiply and Discovery Vitality. The incentive and discount perks they offer can often be the deciding factor for those purchasing medical aid. But what is the difference between the two? Let's take an objective look:
Momentum Multiply vs. Discovery Vitality: Cost
The Momentum Multiply Premier Plan is offered at several different price points. Single members pay R179 per month; couples or a family of two pay R219 per month and families of three or more pay R249 per month.
Discovery Vitality participation costs are calculated a little differently, with a single member being charged R219 per month, Member +1 - R289 per month and Member +2 - R329 per month.
Momentum Multiply vs. Discovery Vitality: Fitness Benefits
Keeping fit is, of course, a huge part of getting, and staying healthy. But doing so in a formal gym or institutional setting, places where people often do have better success sticking to their goals than going it alone, isn't always cheap.
To help offset these costs, Momentum Multiply offers discounts of 25% at memberships at Planet Fitness and Virgin Active, the two most popular gym chains in South Africa.
Discovery Vitality offer up to 75% discounts when joining a Virgin Active Gym.
Momentum Multiply vs. Discovery Vitality: Travel Benefits
Both programs also offer travel discounts to their members, much in the way that some rewards credit cards do. Momentum Multiply has over 60 partners in their rewards program who offer some amazing discounts/rewards.
- Pick n Pay - Multiply your Pick n Pay Smart Shopper points up to 10X
- Mango - Up to 50 % off flights
- NuMetro - Movie tickets from R26.00!
- Planet Fitness
- Virgin Active - No joining fee and up to 25% discount on membership fees
- Momentum Myriad Life Insurance - Up to 60% discount
- Momentum Health - Up to R12000.00 per member per year in Health Returns
- Garmin - Up to 40% discount on selected products
- Dis-Chem Pharmacies
Discovery Vitality also offers travel perks. They offer their members 35% off many local and international flights with British Airways, Emirates, Kulula.com and Qantas, and up to 35% off selected holiday accommodation and package tours. They also have an agreement with Europcar to offer discounts of up to 35% on vehicle rental.
Momentum Multiply vs. Discovery Vitality: Additional Benefits
Both companies also offer a number of other additional benefits. From Momentum these include discounts Momentum partners listed above and also discounts on linked Momentum products like the Momentum Myriad life insurance. Discovery on the other hand offer discounts on Healthy Food items at Pick n Pay or Woolworths, on fitness items and sports clothing at Totalsports and Sportsman's Warehouse, and on various items at Clicks or Dis-Chem.
Choosing Between Momentum Multiply and Discovery Vitality
If you are using these discount and incentives to help you make a choice between medical plans you really need to take a hard look at exactly what they offer and how useful these discounts and rewards are likely to be to you. Signing up to a Momentum Multiply or Discovery Vitality could be the incentive you need to, not only kick start a healthy lifestyle for you and your family, but also get rewarded for your efforts. Always, when 'shopping' for a medical aid plan don't be afraid to reach out for help if you need it. Talk to one of our Consultants today.