New: Cheap medical insurance
in South Africa takes care of your
basic medical needs
Affordable medical insurance is now available in South
Africa! Use the form below
to contact us for a budget-friendly quote!
All South Africans need cheap medical
insurance. WE ARE HERE TO HELP!
Please complete and submit the form below. We
will provide a comprehensive, customised and cheap
medical insurance quote.
Cheap Medical
Insurance - Momentum Health4Me - A worthy Alternative to Comprehensive Medical Aid
The first step in solving a health problem is knowing where treatment is coming from and
how it will be paid. Efforts to find
good health care may have been hobbled by a lack of clarity about what’s available.
You can take your pick from getting medical health care from the public system, a private
medical aid or health insurance.
More affordable than a comprehensive
medical aid
Most South Africans are looking at hospital plans now as medical scheme plans have become
exorbitantly expensive. At least a hospital plan can keep you out of a government
hospital.
These plans cover you for any medical procedures in a private hospital. You may need a
hospital-stay because you were involved in an accident and require emergency treatment or it might mean
you’ve become ill and require hospitalisation.
With some hospital plans, if you need to see a GP or the dentist, these plans won’t cover
these day-to-day costs, although there are hospital plans that offer these day-to-day costs as
well.
Premiums in keeping with your
salary
Hospital plans, wherever you get your plan from, will require you paying a monthly
premium. Some of these premiums can be worked out in accordance with the salary you earn or it could be a
fixed amount.
Many times, people look at the premiums that a medical aid requests, and they wonder why
an insurance company offers a hospital plan for half that amount.
Everything APPEARS fine
They will, for instance, look at an insurance company such as Clientele. They see that you
can take your pick from two hospital plans – the Standard Plan and the Premium Plan.
With these plans you can get annual cover of up to R1 million. The cover includes
accidental death, accidental disability and dread disease and that there is a maternity benefit thrown in as
well as some advanced benefits.
People may wonder why the medical schemes are charging so much when they can get something
reasonable for a fraction of the amount.
That is precisely why it is so important to do thorough research on these hospital plans.
You have to look at- and compare the benefits of what you get from a medical aid and what you get from the
insurance company. You will discover that the insurance company’s plans offer far fewer
benefits.
Medical Aids have to cover
more
Medical aids, as opposed to insurance companies, have to provide all members with
Prescribed Minimum Benefits or PMBs as they are better known.
These PMBs cover treatment for 26 of the most commonly occurring chronic illnesses plus
many other conditions. Insurance company hospital plans don’t cover these conditions.
Things have changed recently with health insurance, and products such as hospital cash
plans and gap-cover plans are now subject to new regulations and have to operate under similar underlying
principles as medical schemes.
Many of the medical schemes in South Africa offer both medical aid plans as well as
hospital plans. Some of the medical schemes in South Africa are -
·
Fedhealth
·
Bestmed
·
Discovery
·
Bonitas
·
Medihelp
·
Momentum Health
·
Genesis
·
Medshield... and others
Even between these medical aids, the premiums for hospital plans differ. As already
mentioned, some of these medical aid plans provide in-hospital as well as out-of-hospital cover. This means
you’ll be covered for all things a hospital plan covers you for, as well as day-to-day medical
care.
Depending on your plan though, your day-to-day saving, known as your Medical Savings
Account, is limited to a certain point. Some medical schemes offer hospital only
plans.
For many South Africans, looking for cheap medical insurance can yield some worthwhile
cover.This is where Momentum’s Health4Me shines. For starters, it isn’t a medical scheme or any kind of
substitute for medical scheme membership. It is offered by Momentum Health and provides broad coverage for a
truly low premium.
Momentum was established in 1966 and they are an independent medical scheme. They are
registered under the Medical Schemes Act. They are about the 3rd biggest open medical scheme in the
country.
Cheap medical
insurance
With Momentum Health4Me, employers can offer this affordable healthcare cover to employees
earning below R30 000 a month. It’s for anyone who is 18 years or older and actively employed. This is
seriously cheap medical insurance and it is available to employer groups where there are more than 5
employees.
The way it works is that employers choose the combination of benefits most suited to their
employees' needs and to their budget.
·
Different packages are offered and while the Bronze option gives you fewer benefits, the
Titanium option offers the most comprehensive plan. Members are free to use any doctors and specialists within
the network.
·
You get among other benefits, comprehensive maternity benefits, funeral benefit and accident
and emergency cover.
·
Training and advice are offered to staff on how to make use of their benefits. There will
also be a web portal where the company can manage their profile.
·
Day-to-day benefits are provided by selected healthcare professionals. Major medical event
benefits protect against those sudden, costly illnesses such as heart attack and stroke as well as accidents.
Major medical event benefits are offered in two packages - Standard option and Base option.
·
Cheap medical insurance that satisfies your health needs is going to require research on your
part. Medical aid plans, hospital plans, health insurance – possibly what matters most these days is that you
are covered.
As your life changes, adjust your
cover
Once you have settled on cover, you have to be alert to premium increases, fewer benefits
and also benefits that you don’t need. You also have to be assessing your own needs and adjust your medical
care to that.
You started off possibly as single, you got married, you’ve had children, you no longer
have dependents, you may have got divorced, so does your cover still suit you?
It is up to you to educate yourself on what medical plans are available to you. Medical
aid plans across the full spectrum have been designed to suit your pocket and your medical
needs.
In order to join, do research on the different medical aids and choose the most suitable
option. Find the medical aid scheme and plan that suits your budget and health needs.
The challenge is for you to find cheap medical insurance that
offers you quality for your money.
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