If you fall sick or have an accident, you might be hospitalized. This will cause you not to receive your income for that period.
Such problems can be solved with Medical Aid since it will cover the cost of treatment and other relating expenses incurred due to the situation. One of the leading medical aid schemes in South Africa is Discovery Medical Aid.
There are six different plans that are offered by Discovery Medical aid:
1. Executive Plan:
This is the most advanced medical aid plan offered by Discovery. Every month, about R3764 is the cost that may be incurred by choosing this plan.
It offers unlimited cover for treatment in any private hospital, a private ward cover of up to R1 300 per day, chronic illnesses cover, innovative technologies cover, a medical savings account, and even cover of up to R10 million for up to 90 days for medical emergencies outside South Africa.
2. Comprehensive Series:
The Comprehensive Series is the second most advanced series from Discovery. It consists of four different plans with monthly expenditure ranging from a minimum of R2 315 to a maximum of R3 086.
Some features of this plan include unlimited hospital cover in private hospitals, chronic medicine cover, innovative medical technologies cover, a medical savings account, an Above Threshold benefit, and international medical emergency cover for up to R5 million relevant for 90 days.
3. Priority Series:
The Priority Series offers the maximum balance in terms of expenses and coverage. There are two plans in this series with monthly outlay being estimated at R1 778 and R2 069 every month.
Its cover comprises unlimited private hospital cover, essential chronic medicine cover, a medical savings account, balanced day to day limits, upfront payments for some in – hospital procedures and travelling medical emergencies cover outside South Africa for up to 90 days with a maximum amount of R5 million.
4. Saver Series:
The Saver Series is for those people who want medical aid but cannot spend too much on it. It boasts of five plans with the monthly payment floor and ceiling being R1 428 and R1 814 respectively.
5. Core Series:
Discovery’s Core Series only focuses on core requirements of people through five separate plans. Monthly payment estimates are between R927 and R1 160.
Characteristics of this plan is unlimited private hospital cover, essential chronic medicine cover, and international emergency cover similar to higher plans.
