Marco Fonto of Stratum Benefits explains why gap cover is important in South Africa

Published: May 15, 2023, 7:54 a.m.

In this episode of What’s Next, Marco Fonto – Managing Director at Stratum Benefits – discusses the benefits of gap cover. Fonto worked in the insurance industry in the late 1990s and early 2000s, before founding Stratum Benefits after noticing an opportunity in the market. Specialists were charging more than medical aid members were covered for, and the patients were struggling to pick up the difference. Stratum Benefits was founded to solve this problem and has grown from strength to strength ever since. Fonto believes in going the extra mile for every client and encourages his employees to tap into their individual strengths to leave a positive mark on the people around them. In his What’s Next interview, Fonto explains what gap cover is, as well as why someone should consider getting it if they already pay for medical aid. He then provides examples of how gap cover from Stratum Benefits helped two clients who required significant medical procedures.