Medical aid is a type of insurance that you pay a monthly premium towards. This fund will cover most medical costs that you incur, subject to the scheme’s rules.
A medical aid is an insurance product that helps you to pay for your healthcare needs, including nursing, surgery, dental work, medicine and hospital accommodation. You pay monthly contributions for this medical cover. subject to the scheme’s rules.
What is it?
Why do you want one?
Should you fall ill or need emergency treatment, you will be happy to have the money saved to cover your medical expenses. Medical aid will also cover routine check-ups, so that you stay healthy.
Important to note
Before signing up for medical aid, note the following factors with regards to the policy:
- Are your needs met within your budget?
- Compare all your options.
- Be cognisant of any waiting periods or exclusions.
Do you need it?
Well, medical bills are expensive and public healthcare is not ideal, so medical aid is an essential financial policy you should consider having.
Without a medical aid you may need to wait before having necessary medical treatments while you save up to cover the costs.
How much does it cost?
There is a wide variety of medical aid service providers, each having a range of plan options to suit every budget. Speak to your financial consultant to find the best policy for your needs and budget.
How can we help you?
Contact attooh! to find out how we can help you.