Medical Insurance

Medical Insurance for daily health care needs
What is medical insurance?

Medical Insurance mainly offers benefits for daily health care needs such as GP visits, scripted medication, dentist visits and optometry with the option to add on hospital cover. The hospital cover offered by Medical Insurance companies is not extensive. It is usually limited to accidental and emergency cover only. They only cover certain procedures at a fixed rate per day spent in hospital.

The Medical Insurance companies are not obligated to cover any conditions in full no matter the severity thereof. They are only obliged to pay the set rand value as per the policy chosen. This usually results in many members experiencing major out-of-pocket expenses when hospitalised. Whilst Medical Insurance may offer South Africans financial relief in comparison to Medical Aid, the differences in benefits need to be analysed and given careful consideration before a decision is made.