MEDICAL AID VS MEDICAL INSURANCE
What is the difference between medical aid and medical insurance? Medical aid schemes are regulated by the Medical Schemes Act. By law, they must include treatment for chronic conditions and a list of in-hospital procedures.
Medical insurance is a stated benefits contract regulated by the Short-term Insurance Act. While medical aid provides comprehensive hospital cover, medical insurance specifies its benefits and pays out a clearly defined amount. Medical insurance plans are geared towards providing day to day health care as a preventative measure.
Below is the list of companies providing medical insurance and schemes in South Africa
Read Also : Nursing Applications In South Africa 2020
Expatica Medical insurance