Spend less then R200 per month for hospital plan insurance!

Sudden hospitalisation is something that every one of us dreads – from the shock of an accident or sudden illness, to the realisation that you will be unable to work, and the huge bills that soon begin to mount up. The shocking reality is that there are thousands of people in South Africa who do not have any sort of cover at all, whether it is a reliable hospital plan or a basic medical aid plan. A big reason that many fail to consider cover options is that many simply do not know which option to choose, or how each cover option compares.

So, how do you decide on the best way to protect yourself and your family against the unthinkable, and how does hospital insurance compare to medical aid schemes when it comes to the most affordable and practical solution?

The answer is surprisingly simple – you need cover that is easy to afford, that pays out when you really need the financial assistance. This is why hospital plans offer such an excellent option for total peace of mind when it comes to unexpected hospitalisation and treatment. While medical aid schemes cost as much as R1000 per month or even more, a good hospital plan can cost as little as R200 per month or less. This makes it easy to fit into your monthly budget without the added stress of whether or not you can actually afford protection of this nature. Other huge benefits of a good hospital insurance plan include the following:

• You will receive cash back for every day you are in hospital, with anything up to R5000 per day to help you while you are not able to work
• Cover is provided for maternity leave, accidental disability and dread disease
• You will also receive cash back bonuses that are paid out to the main policy holder
• A number of additional benefits are also available to policy holders, including guaranteed hospital admission, emergency medical response, mobility assistance and more

When you compare this to basic medical aids in South Africa, which come with very high monthly rates and only covers hospitalisation costs rather than all the various additional expenses that are associated with hospitalisation, you will soon begin to see just how valuable a good hospital plan can be. If you want to ensure total peace of mind, then hospital insurance is the best way to guarantee that you and your family are fully covered in the event of sickness, accidental injury or even death.

To find out more about how hospital plans compare to medical aids, simply click the below image and complete the form. A customer service representative will get back to you within 24 hours.

“Revealed: How Hospital Plans Work With Medical Aid Schemes”

If you already have a plan with one of the many medical aids in South Africa, then you may be thinking that you won’t need hospital insurance. The fact of the matter however is that even if you have medical aid cover, this will not protect you against all the huge expenses that start to pile up in the event of hospitalisation. From all the time that you miss at work, to the expenses that your loved ones need to deal with – it soon begins to add up. Having the added protection that a hospital plan provides is the best way to ensure that you and your family are fully covered when the unthinkable happens.

Another thing to consider is what would happen in the event of accidental disability. While this is something that is almost too awful to contemplate, unexpected disability can be devastating for the entire family, especially in terms of expenses that arise from this tragedy. As medical aid schemes only cover medical expenses, this will only help you while you receive treatment. The real costs begin to stack up when you leave hospital however, which is where a hospital cover plan begins to prove helpful, paying out to the policy holder or his/her family.

Pre-existing conditions and maternity are also something that one needs to consider. Your medical aid may cover the birth itself, but does it cover the time off that you need after your child is born? And is your medical aid able to cover hospitalisation costs in the event of pre-existing conditions? Having a comprehensive plan that includes basic medical aid as well as hospital insurance is the only way that you can ensure complete cover for you and your family.

“Why is Full Hospital Cover So Essential?”

If you are wondering why it is so important to be fully covered, then consider this scenario:

Jack works at a car repair shop as a mechanic. He has a basic medical aid plan and has also just taken out a hospital plan that pays out R3000 per day in the event that he is hospitalised. One day at work, Jack is injured when a car falls on top of him as he is working underneath it – crushing him and breaking ribs, arm and legs.

Jack is rushed to hospital, and his medical aid covers the emergency operations that he requires. He has to spend a few weeks hospital while he recovers, but as he has hospital insurance too, he is paid out for every day that he has to spend in hospital. When he is well enough, he can return to work again without having lost any income and without having had to deal with the additional stress of huge bills.

Now, consider what would have happened if Jack had not had hospital cover. His medical aid scheme would have covered his medical expenses, but he would not have been covered for any other costs. This means that every week that Jack spends in hospital, he is losing precious income. If Jack had been disabled as a result of his injuries, he and his family would not have been able to afford the huge expenses that come as a result of his disability.

If Jack had not survived his injury, his family would not have had any cover either. As Jack was fully covered however, an already tragic incident was made far more bearable, leaving Jack and his family protected against all eventualities so that Jack could focus on getting well rather than worrying about how he could afford to pay for all the expenses of his hospitalisation.

If you want to ensure that you and your family are fully protected, then the best option to compliment your current medical aid is an affordable hospital plan that covers you and your family in the event of hospitalisation.

To get the best hospital plan quotes instead of medical aid quotes and learn more about how to protect yourself, complete the below form to have a customer service representative get back to you within 24 hours.

Make sure you understand every penny you need to pay for health insurance. Remember to include any annual premiums, deductibles and other fees into your calculations. Research your options, so you get the plan that is most suitable for your circumstances.

Be sure to check all the facts when you are considering purchasing catastrophic health insurance. Make sure your policy covers the kind of events that are the most likely to happen. If you purchase catastrophic health insurance, be sure to set up an account called: Health Savings Account. You must then make regular deposits. This will enable you to pay your deductible in the event of a catastrophe.

Vision insurance can be very helpful if you or anyone in your family has vision problems. This insurance will help to cover a certain percentage of your eye check-ups as well as your contacts or glasses. Vision coverage is not required, and a number of people keep their wallets a little thicker by eschewing this particular insurance.

People with high credit scores will get better prices on their health insurance policy. If you have a bad credit score, your premium increases. In fact, a prospective insurer may use that information to deny you coverage. You should attempt to repair your credit score so that you can get a better rate for your insurance coverage.

Do not use your credit card to make a health insurance payment. A lot of insurance providers will apply service charges as high as fifteen percent of your premium for accepting credit cards. In addition, there are other fees that can be added to your bill for paying by credit card such as administrative fees.

Look online for quotes and to compare prices. You can visit the websites of various carriers to obtain quotes or use marketplace websites that provide quotes on a number of policies from a variety of companies.

Some insurance companies will charge a higher premium or even deny coverage to a woman that has had a cesarean since the surgery is expensive. Because a woman who has undergone one C-section is more likely to need another one if she gets pregnant, the insurance company will take that into account when assessing premiums and whether they want to take someone on as a customer.

If a trial period is offered, take advantage of it. Some insurance companies will give you some time to see if you like their policies. If you don’t want to go on with the policy, simply return in within the specified time frame and ask for a refund.

When open enrollment comes around, take the time to evaluate your health insurance needs. Your current coverage may no longer be adequate if your health conditions have changed or if you need coverage for a new family member. If your employer also offers vision and dental insurance, you should review that also during open enrollment.

If you are thinking about becoming a parent, look at your health insurance and make sure they will cover your expenses throughout the pregnancy. You should be aware that not all health insurance plans will take care of all costs that are associated with having a baby.

If your information is not filled in properly, you might be refused claims or even be denied the ability to enroll in the plan to begin with. Go over your forms that you are enrolling with to stay away from these issues.

It is usually cheaper to obtain insurance through group policies, such as those provided by employers, than obtaining an individual policy. It is likely that you will have to compensate by accepting a higher deductible or less coverage. Shop around, and compare plans to find the best rates and coverage.

Health insurance prices are cheaper for groups than they are for individuals; that may be why you notice that rates seem less expensive when your insurance is through your job. In order to take advantage of that fact, try to align yourself with a trade or affinity group that provides membership discounts.

In the world of health insurance, a plethora of choices await you. So do not meet with an agent, or sign up with insurance at work, until you thoroughly understand all the various options and plans that are available. Do not make any decisions until you have a strong grasp of the subject.

If you need to make your insurance more affordable, raise your deductible. If you will increase your deductible, you can significantly lower your health insurance premium. Lower premiums cost less on a monthly basis, but depending on the medical services you use, you will need to come up with more out-of-pocket health fees before health insurance can help you.

Comparing private insurance premiums with group rates can be discouraging, but the benefits of individual insurance might be worth the cost. Even if you cannot afford a large coverage, you should still get what you can afford. To be without health insurance today is to court disaster. It is too easy for something unexpected to happen that could leave you penniless. Research your options, and get coverage!

Content posted by medical aid schemes admin