Joining a Medical Aid in 2017
January 27, 2017
There are a couple of things you need to consider when thinking about medical aid in 2017. Review your medical aid at the end of the year, and decide if you are still content with it. If you were unhappy with your provider in 2016, see what other providers have to offer. Most medical aids also make and announce plan changes. It is important not to assume that your plan is pretty much the same.
While it is not mandatory to wait for any particular period to make your move between schemes. It’s best to do so at year end for all insured items, for example, car, home and health. There are important questions you have to ask yourself. Weigh out if the plan is value for money, and if the benefits are worth the premiums you pay. The best insurance cover is that most affordable one that covers that particular individual’s needs. You may need some professional advice to be fully complete with this task.
What do you need in a medical aid in 2017
One must take their plan into consideration on a yearly basis. If you don’t, you could be in a situation where that particular cover does not match what you need. Your premiums may be too high for what your insurance company covers you for. A member who joined as a healthy 20-year-old, who would not need many GP visits or specialised check-ups. Which people approaching 40 would have the need for. This is why you must be certain that your insurance must cover your current and near future medical needs.One must also consider how much the test or consultations would cost if they paid for them from their own pockets and weighed out if the amount of cover they’ll receive can justify the increase in premium.
What is best for you? – medical aid in 2017
The best scheme for 2017 is not necessarily the one with the lowest premium as this often leaves one without sufficient cover for their needs. It is worth it to spend the extra Rand on medical insurance premiums, then a couple of thousand later out of pocket. In the case of an unexpected medical event that your insurance does not cover. In this instance it is important, therefore, to read all policy wording and footnotes. As mentioned above, many medical aid providers are now offering reward programmes. The benefits from the reward programmes can in themselves be a determining factor to the choice between schemes or plans within the scheme.
Members also have to commit themselves to reading the fine print for these as though they are advertised; most schemes will not make any extra effort to inform members of the additional benefits they are entitled to on the reward programme. As mentioned above, many medical aid providers are now offering reward programmes. The benefits from the reward programmes can in themselves be a determining factor to the choice between schemes or plans within the scheme. Members also have to read the fine print on their own, to completely understand the agreement. To get the most insurance benefits from their plan.
All info was correct at time of publishing