Hos­pi­tal bills

What is gap cover? Gap cover vs cash plan

CityPress - - Business -

Gap cover can only be taken out if you are a mem­ber of a med­i­cal scheme, be­cause the pay­ment only re­lates to the short­fall be­tween a spe­cial­ist and what the scheme pays out.

Gap cover also only pays for spe­cial­ist bills in hos­pi­tal, and doesn’t cover a visit to a spe­cial­ist for a con­sul­ta­tion. Gap cover pays the short­fall of your in-hos­pi­tal pro­ce­dure, while a hos­pi­tal cash plan pays out a pre­de­ter­mined amount for each day that a mem­ber is in hos­pi­tal and is not re­lated to the hos­pi­tal ex­penses. Gap cover will pay for any length of stay, while a cash plan usu­ally only pays out from the sec­ond or third day in hos­pi­tal.

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