When choosing between an entry-level hospital plan and a more comprehensive form of medical aid, cost is likely to be at the forefront of your mind. In an ideal world you wouldn't have to worry about the price of your medical aid, so that you could choose to have the best and most comprehensive plan available. The reality, though, is that you have a set income and other bills to pay, and if you have a family it can be even tougher to stretch your finances to pay for your medical aid coverage. Thus, you have to look into each type of plan and work out what you can afford.
A basic hospital plan will cover most day-to-day expenses incurred while you're in hospital. However, you could find that the plan doesn't cover certain aspects of your hospital stay. You may have to spend extra on receiving rehabilitative care or psychiatric treatment and the trouble is that when you're sick you are not always in a position to choose what kind of care you receive. Consequently, you could find yourself receiving treatment that you will end up having to pay out of your savings. Unfortunately, if you have no savings you could easily end up in debt.
A more comprehensive medical aid plan ensures that all sorts of services, treatments and facilities are open to you without you having to pay extra. Once you have a comprehensive medical aid plan you pay into it and can then claim back any money related to your hospital treatment. Depending on the type of plan you opt for, you could also have other medical expenses paid for that are not necessarily related to a hospital stay, such as trips to see your doctor or dentist and for medication that you have been prescribed.
Thus, the main benefit of choosing a comprehensive medical aid plan is that you don't have to worry about the future of your health, since it will be well taken care of if you were ever to develop a serious health problem, such as cancer, or injure yourself by breaking your leg, for instance, you won't have to worry about the financial side of your treatment. You won't have to rely on state healthcare facilities and you won't be left with mountains of debt after you leave hospital. The only trouble is that you have to pay more in terms of your monthly contributions.
If you have a large family and you want your spouse and children to be covered, as well as yourself, a significant proportion of your salary could end up going towards your healthcare provision. There is a great deal of uncertainty about the future and you never know what is going to happen. For all you know, you and your whole family could remain in perfect health, leading you to question whether a medical aid plan is really worth it. However, there is also a chance that someone could require emergency treatment, in which case it is important to have that protection there.
Ultimately, the chances are that whether you choose a basic hospital plan or a more comprehensive form of medical aid will depend on your financial situation, because if money isn't an issue you may decide to go with the plan that covers everything.
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