4 Tips in Choosing an Affordable Medical Aid
Deciding on what is an affordable medical aid depends on what you are comparing it with. Comparing any medical aid against the high costs of paying for medical treatment out of your pocket, makes all medical aids affordable.
If you compare it against needing an emergency treatment and not having the funds to pay it yourself, once again all medical aids are suddenly affordable. However, if you don’t think you or any family members will ever need any expensive medical treatment, then you would prefer spending the money on something else.
Realistically speaking, people get sick. Therefore the best method to decide whena medical aid is affordable is to compare the features and benefits of different medical aids with each other, taking into consideration what you want from a medical aid.
Finding the right medical aid scheme that is affordable and offers what you need, is not so easy. There are a wide variety of medical aid schemes in South Africa, and each medical aid has different options to choose from. Here are 4 tips to consider when choosing an affordable medical aid.
Cost of Benefits
The medical scheme that offers the best and most comprehensive plan is not necessarily the right option for you and your family. Benefits cost money, and the more comprehensive the medical scheme plan, the higher is the monthly amount you will pay for the plan. Make an appointment for you and your family for a medical checkup. The results of the checkup will give you a far better indication of what you and your family’s medical treatment needs are. Take also into consideration basic healthcare needed, such as, yearly dental and medical checkups, and planned pregnancies. You can always upgrade the plan when situations change.
Another option that makes medical aids affordable is where a hospital plan and a savings accountare included in the medical aid plan. Day-to-day medical and healthcare outlays are covered by the medical aid savings account. Most plans have an option to what extent you want to contribute to the savings account. This is a very affordable option, especially if unused funds are carried over to the next year. If the medical scheme doesn’t carry the funds over, then it becomes an expensive exercise.
Broker for Medical Aid
With all the information at hand, it is still a daunting task. A solution to this dilemma is a medical aid broker that is not connected to one specific medical aid scheme. A broker representing various medical aid schemes will be able to assess your needs and advice you on the most affordable medical aid option for you and your family. Your medical broker is the middleman between you and the medical aid when a dispute arises.
Conduct your own research, before you speak to the broker. This enables you to ask informed questions and it is easier to understand the terminology when the broker discusses various options with you. There is a variety of general website as well as websites of the specific medical aids that provides the necessary information.Most of these websites gives you the option to ask for a quote.
COMPLETE THIS FORM TO GET YOUR MEDICAL AID QUOTES!
Your medical aid quote will include options to suit your pocket. Please ensure that the cover you select is exactly what you need and that you understand exactly what insurance you are buying. Do not hesitate to ask questions about the medical aid or hospital cover you choose.