Medical Schemes vs Hospital Plans

medical aid

When it comes to making sure you are prepared for anything, you must be prepared in case of an accident. Consider this; If you get into an accident and require immediate medical attention, you will need to figure out a way to pay for the bills that you may not be prepared for. You will need to make a decision on whether you want to have a standard hospital plan or have a medical aid scheme. However, how do you know which one will be better for your current condition?

Medical aid schemes are able to cover all of the medical expenses of anyone in South Africa, regardless of the medical situation. Various different medical aid plans have different sorts of benefits and perks that in the long run are able to help you out. However, most medical aid schemes have three benefits in common. These benefits are in hospital benefits, out of hospital benefits, and also chronic benefits.

Hospital plans work differently than medical schemes, however. Hospital benefits really only treat any day to day in hospital expenses. What this means is that any out of hospital expenses you have to pay for yourself. This may not seem remotely close to comparing to a medical aid scheme, but hospital plans do have one advantage over medical aid. Hospital plans cost substantially less than that of a medical aid scheme, which means you won't have to spend as much for a hospital plan than a medical aid plan.

So how do you know what you want to pick? One thing to consider is what your medical needs are. If you are younger and healthy on top of that, chances are you will not be sitting in a hospital bed for days on end. In that case, a hospital plan may be the better choice for you. However, if you are older with medical problems constantly affecting you, you may be in the hospital for days. Out of hospital bills will become a problem and you may go bankrupt. So in that case, the better option would be to have a medical aid plan.

If you are thinking of just picking a medical aid scheme, you will have to be careful, and get the plan before you or a family member becomes sick. You will need to consider family history as well as keep in mind that you can be excluded from treatment for specific conditions for up to 12 months. Take into consideration all factors of what can go wrong well before it goes wrong to get the most out of your medical aid plan.

If you want a medical aid plan, you will have to factor in research and what you need as a person. However, if you are healthy or just fine with what the hospital plan offers, then by all means go for that. Hospital plans are no worse than medical aid schemes, and the choice is up to you. Just make sure you do it before something goes wrong.