The Hospital Cash Back Plan will take care of your family, should your life be disrupted by hospitalisation. This is NOT a medical aid, it is an hospital insurance plan.
For most of us, the thought of hospital plan is something that we may not ever stop to really consider until the unthinkable happens and we require sudden hospitalisation. While medical aid schemes may cover the medical treatments themselves, who will be able to provide for your family when you are recovering?
Rent, electricity, groceries, accounts and many other bills soon start to mount up, and the worry about how you will manage to provide for your family while you are in hospital soon begins to add even more stress to an already traumatic time. This is where the real value of hospital insurance begins to come in, giving you peace of mind that allows you to focus on getting better while you are in hospital for illness, an accident, maternity or operation.
A good hospital plan pays out anything from R750 all the way up to R5000 or more for every day that you in hospital, to ensure that you never have to worry about bills, expenses and other related costs that begin to mount up. Plus, maternity, accidental disability and even pre-existing conditions are all covered, to bring you even more peace of mind.
You will also receive additional benefits to make your life easier while you are in hospital, such as guaranteed hospital admission, mobility assistance and emergency medical response. Cash back bonuses will also be paid out to you after your 60th payment, as the main policy holder.
Some of the biggest advantages of this hospital plan compared to traditional medical aid schemes include the following:
- Premiums from R100 per month
- Pays up to R3000 per day you are in hospital (from day 3)
- Maternity benefits included
- Accidental disability benefits included
- Pre-existing conditions covered (excluding HIV/Aids)
- Should you be diagnosed with HIV/Aids after the commencement of your policy, you will be covered
- Cash Back bonus
If you would like to know more about how a good hospital plan insurance can help you save money and how these plans compare to medical aid schemes, simply click the below link and complete the form to have a customer service representative agent get back to you within 24 hours.
Why Choose Hospital Insurance Over Medical Aid?
Being taken seriously ill, or having an accident, is something that everyone dreads. Apart from the possible life threatening consequences involved, being unable to work for any length of time can put a huge strain on anyone’s finances. With a hospital insurance plan, though, this does not need to be the case.
There are millions of people in South Africa who have no medical aid schemes or hospital insurance, and this may be a potential problem in the future for not only them, but also their families. One of the biggest reasons for this lack of cover, is that many people are confused by what is on offer, and so forgo it completely. Other people have bought medical aid plans, but have not chosen to buy a hospital plan.
Hospital plans differ from medical aid schemes in a number of ways, and they are designed to compliment them. They offer a number of benefits, and in addition are much cheaper than medical aids in South Africa.
Hospital Plans offers the following key points.
- They offer cash payments for everyday someone spends in hospital.
- There is cover for maternity leave.
- There is cover for accidental disability and crippling diseases.
- There are cash-back payments made.
Medical aids in South Africa do not cover these things. Whilst they will cover any fees incurred during a stay in hospital, they do not offer any payments to replace lost income, and this can be a huge problem, especially for those people in tighter financial circumstances.
One of the main concerns that people might have when it comes to buying a hospital plan, is that it is going to be very expensive. Some medical aid quotes can exceed more than R1000 per month, and the common misconception is that a hospital plan will be the same. This is not true, though, and hospital plans can be had for as little as R200 per month, an amount that can more easily be catered for within a monthly budget. Anyone debating whether they should buy one or not, should consider that for such a relatively small sum of money paid every month, they have a safety net should the unthinkable happen.
The peace of mind that this can give a family should not be underestimated. If the main income provider is off from work for any long length of time, it can be disastrous, and yet with a hospital plan the family is covered, and disaster is avoided. A hospital insurance plan is the best way to ensure that you and your family are covered in the event that you become hospitalised or injured in some way.
Another area where hospital plans can be extremely helpful, is when it comes to maternity. Whilst some medical aid quotes do cover the birth itself, how many cover the time off needed after the birth of the child? Again, this is where a hospital plan comes into its own, ensuring a daily payment for a set period of time.
Nobody can predict the future, and certainly, nobody wants to become ill or go to hospital. However, this doesn’t stop it from happening from time to time. Whilst you may be caught unawares, it is possible to protect your finances in advance by taking out a hospital plan. A small, monthly payment will mean that should the unthinkable happen, you and your family will not have to suffer financial problems at a time when it would be the most terrible. With payments of up to R5000 per day, and a monthly cost starting from R200, it may be one of the best investments that you ever make.