Tag: Medical Aid 101

Medical Aid costs

How day-to-day benefits work (savings, threshold, etc)

Savings With plans that have a savings facility, you get an annual allowance, known as your savings account. It is funded by a portion of...

How medical aids work

A brief introduction to how medical aids work, the different types of plans, and their obligation to cover out-of-hospital expenses for certain conditions, regardless of plan type.

Will I have to pay a Late Joiner Penalty?

What is it? A late joiner penalty is a permanent penalty, added as a percentage of the base premium (not the savings portion). It is...

When can I change my medical aid plan?

Determining when you can change your medical plan depends on whether you want to stay with the same scheme or not.