What is Medical Aid?
Medical aid is a form of insurance that you pay monthly for, for any medical related expenses- from doctors visits, to hospital visits, surgeries or medicinal purchases.
What is medical aid and how does it work?
Medical aid covers members’ healthcare costs such as hospitalisation, treatments and medicine. These costs are covered according to the rules of the medical scheme and the member’s medical aid plan type. These rules ensure that members are fairly cared for.
What are the requirements for medical aid in South Africa?
a membership certificate, or sworn affidavit with commencement and termination dates, to prove you belonged to another medical aid scheme, to avoid a late joiner fee. a certified copy of the main member’s identity document, tax number and a bank statement, cancelled cheque or letter of confirmation from the bank.
How much is a medical aid in South Africa per month?
Medical aid costs in 2022
| Type of medical aid | Monthly cost for a family of three |
|---|---|
| Hospital plan with savings | R8,067 on Medshield MediSaver |
| Income-based plan | R8,595 on Fedhealth MyFed on an income of R14,427 and above |
| Semi-comprehensive plan | R11,952 on Bonitas BonClassic |
| Comprehensive | R18,182 on Discovery Executive |
Which is the cheapest medical aid in South Africa?
Medical Aid under R1000
Bonitas – Boncap Student. Affordable, income-based medical aid for students. …
Health Squared – Foundation. …
Resolution Health – Foundation. …
Momentum – Ingwe Option. …
Momentum – Ingwe-Student Plan.