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Medical Schemes
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24 June 2011
The best savings vehicle is a Unit Trust Based Education Fund (UTBEF), says Hubert Feris, a Financia...
19 June 2011
A proposed system of tax credits for medical scheme contributions could make scheme membership more ...
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Home Medical Schemes What you should know
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Health Disasters
We all hope that we (or those we love) never have to go to hospital. The sad fact is that it is a very real possibility with very real financial implications.
We can cover ourselves for this by belonging to a medical aid fund. Different levels of cover are available for different needs. You can choose to be on a low cover option that only covers you for major medical expenses (e.g. costs incurred in a hospital and chronic medication) or you can choose to include cover for day-to-day expenses as well. (Day-to-day expenses include consultations with your doctor, prescription medication, optometry services, etc.)
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LOW COVER |
HIGH COVER |
| MEMBER |
R313 PER MONTH |
R1 077 PER MONTH |
| MEMBER & SPOUSE |
R613 PER MONTH |
R1 874 PER MONTH |
| MEMBER & SPOUSE & CHILD |
R710 PER MONTH |
R2 235 PER MONTH |
Low cover based on Discovery Health Keycare Plan 2005 rates.
High cover based on Discovery Health Classic Comprehensive Plan 2005 rates.
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2002-2005
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