Medical Aid Increases in 2017
November 1, 2016
Medical aid increases in 2017 will be from 7% to 18% depending on your medical scheme and the type of plan you chose.
So naturally you might be thinking of doing away with medical aid entirely.
But wait! There is a beautiful solution.
But Why is Medical Aid So Expensive?
Medical aid increases in 2017 in South Africa are due to the following:
- Increases in sickness due to malnutrition and stress
- Radically increased private hospital tariffs
- A shortage of specialists. And existing specialists can, and do, charge what they like
- The weak rand leads to more expensive medical supplies and consumables
- People joining a medical aid only when they need it, and not when they are still healthy
Solution to Medical Aid Increases in 2017
Thousands of South Africans are turning to medical gap cover to help them cover medical costs.
It works like this.
Firstly, you take out an affordable medical aid plan.
That does not have to be a comprehensive, fancy plan with all the bells and whistles.
It can even be cheap hospital plan from a medical aid such as Genesis or Discovery.
Important: Remember that your medical plan MUST be from a medical aid registered with the Council for Medical Schemes.
Some of these are:
- Liberty Health
You get the picture.
You Then Take Out Medical Gap Cover
Once your cheap medical aid is in place, you then get a medical gap cover quote from an insurance company.
Among these are:
Tell them what medical aid you belong to and what plan you chose e.g. Genesis Private Choice.
Then join up and sit back.
Despite the medical aid increases in 2017, you will have full cover, even if you switch to a cheaper medical aid option.
That’s because gap cover will pay the difference between what your medical aid pays out and what your real hospital and specialist expenses are.
To get a FREE medical gap cover quote, just complete and send the form on this page
All info was correct at time of publishing