Medical aid schemes: How they stack up
Choosi ng a medica l a i d scheme is often a daunting task and c o n s u me r s typically go with whatever suits their pocket, hoping it will cover their medical expenses when they need it most.
In an attempt to help employers choose the right medical aid scheme for their employees, GTC (formerly Grant Thornton Capital) released its f ifth GTC Medical Aid Survey earlier this month, enabling users to compare apples with apples as they weigh the costs and level of coverage offered by the different medical aid schemes. The medical aids were ranked according to t he t y pes of plans (for example comprehensive options), net work or non-net work plans (a net work option may be cheaper, but will have limitations regarding the hospitals and doctors, for example, you can visit) and the costs involved.
Bas e d on t h i s y e a r ’ s r e p or t , CompCare Wellness’s Mumed NN medical aid option, at a risk premium