Medical Aid

Medical aid's are important so in the event of being hospitalized,

Hospital Plan

The most costly services that people need cover for are treatment in hospital and treatment for chronic illnesses. This forms the basis of a hospital plan.

The hospital benefit is there to pay for the expensive hospital and doctors bills which are incurred when going to a private hospital. The hospital benefit will also cater for specialised procedures that can be performed in a doctor’s consulting room. Chronic conditions are those that need ongoing life sustaining medication.

Medication that is needed and covered by the plan will be paid for by the chronic benefit. Various plans available will also give a person the option of having a savings facility on their plan, where a person will create a savings plan for day to day medical costs like visiting the dentist or GP.

Comprehensive Medical Aid

A comprehensive plan consists of what a hospital plan has but it has a few extras that make it the more comprehensive option. What sets a comprehensive plan aside from a hospital plan are a few things.

The chronic benefit in a comprehensive plan will provide cover for more conditions than a hospital plan. So simply put, if a person suffered from a specific condition that a hospital plan did not cover, choosing a comprehensive plan to cover the condition would make sense.

A comprehensive plan generally will have a savings benefit as well as a benefit called the threshold benefit. These two benefits are specifically part of the plan for day to day expenses. When a person has day to day expenses the money used to pay for these expenses is first used from the savings benefit. Eventually these savings can run out.

When a person reaches a certain fixed amount on their day to day expenses, their future claims will be paid from their threshold benefit.