What is Medical Insurance?
Health insurance or medical insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses.
As with other types of insurance, the risk is shared among many individuals.
Top Medical Insurance Companies In South Africa
BestMed.
Bonitas.
Discovery.
Fedhealth.
KeyHealth.
Medihelp.
Medshield.
Momentum.
How many medical aid companies are there in South Africa?
The number of medical schemes decreased from 144 in 2000 to 76 in 2020. Voluntary amalgamations mainly drive the trend in the consolidation of medical schemes.
The overall number of schemes in 2020 was 76, consisting of 18 open schemes and 58 restricted schemes.