What is Health Insurance?
Medical aid or medical insurance is another form of insurance.
It has the main purpose of giving people assurance and peace of mind.
By paying a monthly amount to a medical insurance provider you can get a
certain amount of coverage should you have any medical needs.
Examples of when you might need medical aid
Severy injury after an accident
Accidents happen suddenly and unexpectedly.
Because of this, most people are not financially
prepared for the medical costs associated after an accident.
Whether it's a car crash, an extreme sports injury, or something unexpected at home,
the medical needs following these accidents can be severe.
There is not really any other way to treat serious medical trauma apart from going to a hospital or doctor.
Medical aid will assist to cover these costs.
Critical disease
As with accidents, critical diseases can completely unexpected.
They usually creep up on a person and leave you with long-term financial costs.
Things like cancer and similar diseases can leave you unable to earn money whilst having to
pay all your medical bills.
The medical aid you select should offer some kind of benefit to
assist with critical disease costs should this ever happen to you.
Day-to-day medical needs
Not all medical needs are serious and scary! Sometimes it's as simple as a small cut at home that
needs stitches. For many people, this little trip to the doctor means they won't be able to afford
the next meal their family needs.
The best medical aid solutions will give you helpful and unique benefits when it comes to your
day-to-day needs.
Benefits of Medical Aid And Insurance
Peace of mind
It's important to feel a medical emergency will not ruin you financially and leave you unable to
support your family.
Medical aid or insurance solutions give you some form of peace of mind and helps you sleep
better at night.
Cash flow protection
Medical aid and insurance packages will typically cover medical costs to a certain extent.
Because of this, your cash flow is safe from being completely emptied!
Why is this important? Running out of cash flow is one of the number one reasons people apply
for personal loans! Medical aid should protect you from further financial damage, not lead
towards it!
Tax benefits
A healthier nation means a stronger economy! The government rewards South Africans for having
medical aid or medical insurance. This means you can claim some money back from the premiums
you pay to health insurance every year!
These are some of the unique benefits some of our medical aid partners can offer you:
- Discount Coupons for pharmacy and grocery needs
- 24-hour health advisor benefits
- Emergency hospital cover
- Emergency hospital cover
- HIV, Trauma & Assault Counselling
- Maternity Benefits
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