Understanding Hospital Plans in South Africa

Due to ever-increasing medical expenses, many South Africans have opted to use hospital plans to cover medical bills. If you are hospitalized, the idea is that hospital plans in South Africa will cover enough expenses to make the stay affordable.

One must understand that there is a difference between a hospital plan and hospital insurance. Hospital insurance pays you a cash amount for each day that you are hospitalized. While that may sound desirable when you consider missed wages while you are in the hospital, understand that this insurance pays nothing to the hospital. These costs include the cost of the stay, treatment, payment to doctors, scans and tests. The cost of even an average hospital stay could be in the thousands, and the amount you collect will merely pay a portion.

Hospital plans in South Africa are the most viable option as they cost less than half the price of a medical aid scheme. A relatively new company called Day1 Health has entered the market with a bang. Day1 Health offers a hospital plan with medical aid benefits at a very affordable rate. This way you can get affordable medical cover without damaging your wallet.

Five facts about hospital plans in South Africa

1. For your hospital plan to start providing coverage, you must be admitted to the hospital. A trip to the trauma unit is not covered unless the doctor on call decides to accept you.
2. Hospital plans in South Africa are required to cover you for 26 prescribed chronic conditions, for example, hypertention. This means if you took medication to control covered chronic illness, the hospital plan would pay for that medication.
3. Hospital plans in South Africa are best suited for people who are healthy. Since your health requires only check-ups, optometrist visits & dental check-ups, these small expenses are covered out of pocket. If your health changes and you require more extensive help, you may change your plan.
4. Hospital plans normally have a network of hospitals to which you can go to.
5. Private doctors and specialists in private hospitals have more freedom with prices they charge. There are times when their services are much more than a hospital plan pays. You should check with the hospital administrator before going in the hospital to keep your cost down.

Summary

Article Name

Understanding Hospital Plans in South Africa

Description

Due to ever-increasing medical expenses, many South Africans have opted to use hospital plans to cover medical bills. If you are hospitalized, the idea is that hospital plans in South Africa will cover enough expenses to make the stay affordable.

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gio

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likemoney.co.za

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