Medical aid annual review: six questions to ask before accepting the default option
Annual medical aid premium increases for 2018 are measuring in excess of inflation once again, and this often comes with a decrease in benefit levels. This means consumers will have to make increasingly tough choices should they not wish to be caught on the wrong side of a medical bill. Regardless of the information available to consumers, it is astonishing how many people do not pay close enough attention to changes in their benefit levels versus premiums payable from year to year. This is due to the continued perception that medical aids are too complex, even though healthcare advisors are always available to explain changes and their impact. Reviewing your medical aid changes for the year ahead does not have to be an onerous task – it can be simplified into six questions which every consumer should ask themselves before... Read More
