Refresh you medical aid, not by getting a more expensive plan but by adding medical gap cover. Take note that you have to belong to a medical scheme in South Africa to qualify for gap cover How to refresh your medical aid using…
By Tony Singleton, CEO of Turnberry Risk Management – Medical aid inflation Medical inflation is currently in excess of 10%, while medical aids increased their premiums by approximately 9% in 2019. Contrary to this, the average person’s salary increased by about 3% according…
People with a medical aid need to understand how they work. They need to know that if their plan says it will pay up to 100% of your scheme rate, it doesn’t mean it will fully pay your medical bills. Not by a…
In South Africa, medical boards set medical scheme tariffs for the whole country. The idea is to provide a fair payment for the medical professionals and the patient. Unfortunately, this is not always the case. What may seem fair to a doctor in one area…
You must have heard about gap cover for Genesis Medical Aid by now. So what is gap cover? The basic idea is gap cover insures you for shortfalls in specialist treatment costs. Even if you have a medical aid plan or a hospital…
For many people living in South Africa, it comes as a shock to them when they discover, that even with medical aid, they’re forking out on massive medical bills. You may hate your medical aid for not playing their part, but the reality…
Here is an article: Gap Cover made simple. Many South Africans under the misguided conception that their medical aid scheme will cover 100 percent of their healthcare costs. Little do they know that this belief couldn’t be further from the truth. The cold…
“Do you want Gap cover explained?” If all your medical aid funds are gone before the year is out then the answer to that question is “Yes!” Here is all the gap cover info you need! Despite the fees you pay every month…
With the ever-increasing costs of private medical care, you have to ask yourself a simple question: Is gap cover becoming a vital part of medical care in South Africa? And also: Why is gap cover necessary? The answer is yes. Increasing costs within…
Logic dictates that 100 per cent means 100 per cent. But, sadly, in the medical aid world 100 per cent more often means one third. Those are medical scheme shortfalls. This is not gibberish. This is a fact. The 100 per cent that…