Transmed Medical Fund
Restricted scheme · For Transnet Group employees and pensioners · 3 main plans
Overview
Transmed Medical Fund is a registered non-profit restricted medical scheme regulated by the Council for Medical Schemes. Membership is open to employees and pensioners of the Transnet Group, its subsidiaries, and former subsidiaries, along with their qualifying dependants.
Source: Transmed About Us; Transmed 2024 Working Members and Pensioners Benefits Guide.
Membership Profile
Transmed covers Transnet Group employees and pensioners; specific member counts published in the Scheme's annual financial statements.
Financial Health
Transmed reports solvency above the 25% statutory minimum.
Plans & Options
Transmed offers 3 main benefit options: Select (major medical cover), Guardian, and Link.
Source: Transmed 2024 Benefits Guide.
Key Benefits & Differentiators
All plans cover the 27 PMB Chronic Disease List conditions. Plan structure tailored to Transnet employee and pensioner demographics, including a major-medical-focused Select Plan.
Wellness & Loyalty
Wellness benefits included on plans; no separate rewards programme.
Claims & Service
Claims can be submitted via the member portal, email, and provider direct-billing.
How the Scheme Is Set Up
Structurally suited only to Transnet Group employees, pensioners, and their dependants.
Eligibility & Continuation
Who can join: Employees and pensioners of the Transnet Group, its subsidiaries, and former subsidiaries, plus qualifying dependants.
On leaving Transnet: Pensioners retain access. Active employees who resign typically transfer to another scheme; continuation rules apply for retirees and surviving dependants.