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A lot of people mistake the definition of medical aid with hospital cover. Despite the fact that your medical aid will generally cover your costs during a hospital say, hospital cover may not be used for basic (out of hospital) expenditures. Hospital cover can in essence be described as a type of insurance, while medical aid does not provide insurance coverage – when your medical aid runs out it’s exhausted!
When you are hospitalized the associated costs are usually astronomical. It could come as a surprise to you that not all hospital expenses will automatically be covered by your medical aid company! Many medical aids specify certain amounts up to which they will accept liability and most hospitals and other professionals charge up to 3 times this accepted rate.
In the example above, your hospital cover may be used to bridge the gap between what your medical aid is willing to pay and your actual hospital bill. Quite simply, once your medical aid runs out or you have reached your payment limit, you are in essence making use of an insurance policy to offer further cover (assistance).
A Clientele Life medical aid will be subjected to the same rules as any other medical aid. Put simply, your savings account on your medical aid can be used for doctors’ visits and medicine, hardly anything else. And your eye and dental account can be used for eye tests and teeth checkups only. Hospital cover however works on a completely different concept. Cover is provided for so long as you are in hospital, but the cover can be employed for whatever the client chooses!
There is no need to use the cover to bridge the gap between your medical aid (if you have one) and your hospital costs, or even for anything related to your stay in hospital! You may use the cover to provide for your family when you are in hospital and even to cover your day to day expenditures, such as rent payments, electricity, clothing accounts etc while you are unable to work and earn a living.
Even though Clientele life medical aid is not offered as such, Clientele offers a wide selection of other products and services from which to choose. These products and services include the following: Life cover, hospital cover, dread disease cover and even legal cover! They also offer loan and investment possibilities together with their extensive portfolio!
It’s important that each and every person have some form of cover in place. If you can’t afford a costly medical aid or a fully extensive insurance plan, you can still purchase a basic insurance policy in the form of life cover or hospital cover. The truth is that the unanticipated can happen at any time and it is critical to be ready.
Grab the telephone and make contact with your nearest Clientele Life medical aid representative without further delay, or browse the world wide web for additional info on their offerings.
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