Answering the question of what is the best and what is the cheapest medical aid is often a very tricky one to answer. Most plans are brilliant and affordable for some while not so much for others. The cost and cover options are also dependent on if you are a fairly sickly person who needs to seek medical attention often or if you are really healthy (that’s when you really see the benefit).
Most of the medical aid providers have comparisons for the type of cover you are needing so you can understand the monthly costs per plan. *Note that contribution amounts will vary if you sign up as an individual or as a family.
Why is it important to have medical aid and what medical aid do you pick?
No matter your age, life will always be unpredictable and accidents unfortunately can happen to anyone at any time. You don’t want to be in the unfortunate situation of having to go into hospital or having to be turned away because you don’t have the money to pay the medical bill.
There are many medical scheme options available to suit your needs and those can include: basic hospital cover and comprehensive cover. Some even have a medical savings option which can come in handy. Researching the type of cover that a provider has along with the cover is imperative when making the right decision as to which one to go with. You can use websites that can do comparisons for you as well but it is important to narrow down the ones that you feel will benefit you and chat to an intermediary to go over all of the facts and cover options.
Medical aid premiums go up every year, usually according to the number and size of claims that medical aid schemes need to pay and there are also other factors at play with the inflation of your premiums, such as healthcare salaries, medical advancements, etc.
When signing up for medical aid, don’t forget to find out about a Gap Cover plan. This will help you with any shortfall between what service providers charge and what your medical aid scheme will cover for in-hospital expenses.
Medical Gap Cover Questions & Queries