Many people become confused with the various terms that are used to describe
healthcare products. There is hospital insurance, comprehensive cover, health insurance and a variety of other
Medical schemes generally offer two distinct types of
- Comprehensive cover. Comprehensive plans provide cover for all types of
medical expenses, including dentistry and optometry services, amongst others. Members of such plans can claim
for visits to the doctor and for medication prescribed by the doctor. Many plans also offer a wide variety of
other out-of-hospital benefits such as medical savings plans, gym memberships, free health assessments and many
others. The various plans offered by the medical schemes offer wildly differing benefits and potential members
need to do thorough research to find the plan that will best suit their needs. These plans can be costly,
- Hospital Insurance. These plans are also called hospital plans. They are
much more affordable than comprehensive plans but the benefits offered are limited to in-hospital treatment.
Members of these plans must make their own arrangements to pay for day-to-day medical expenses. There is more
than one hospital plan that offers limited cover for some out-of-hospital medical care but those benefits are
normally severely limited.
Who should think about joining a hospital
- Many young people think that they do not need comprehensive cover because
they are healthy and they hardly ever need to visit a doctor. They feel that the cost of comprehensive cover is
a waste of money. Yet such people still need to accept the fact that an accident can happen at any time,
regardless of the precautions taken. They need to make sure that they will be covered if they need hospital
treatment when calamity strikes. Of course, nobody can rest assured that nothing bad will happen to them.
Accidents occur and they normally occur at the most unexpected time. IN some cases emergencies may lead to an
inability to earn an income or to continue in a specific profession. It only makes sense to make
provision for such potentialities.
- People that cannot afford comprehensive medical cover, even if they want it or need it, should at
least make provision for hospitalization. Surgical procedures and in-hospital treatments can be extremely
expensive and those that are not covered for such eventualities will have no option other than to rely on the
public health system.
Which are the best
There is no single best plan. Each person should evaluate his or her own needs
and budget and make a decision accordingly. It is important to conduct some research and to offer the benefits
offered by the various schemes with each other. Here are a few points to consider:
- It is vital to conduct some research. There are many excellent websites
that collect personal information only once and then obtain quotations from several schemes. These websites
make it easier to compare apples with apples.
- It is better to choose a plan that can be upgraded at a later stage when
- Some plans offer emergency transportation and others do not. The cost of
ambulances and air lifts can be prohibitive, so it’s better to choose a plan that covers this type of
- Many plans offer some out-of-hospital benefits but they are generally
extremely limited. Remember that all medical scheme plans, including hospital plans, have to provide cover for
conditions on the Minimum Benefits list as prescribed by law.
insurance is vital for people that cannot afford comprehensive cover. Few people want to resort to the
public health system if calamity strikes. Private hospital care is extremely expensive and few people can afford
such treatment from their private savings or cash reserves. © Medical Aid Plan