South Africa has one of the most progressive private medical aid industries in the
world thanks to a range of options and scheme operators, such as Discovery Health, that are available to clients within the country. It is important that anyone thinking of taking out medical insurance be aware of these medical aid options:
Know your Discovery Medical Aid Options
Every medical scheme in South Africa must provide a wide range of options to its members that cover a very specific range of benefits. Each individual option must have its own monthly premiums specific to that medical plan that need to be paid by medical aid members who have agreed by contract to be part of that plan. Discovery does this and so much more with its medical aid plans on offer.
Each medical aid scheme in South Africa, no matter how big or small, needs to be individually registered by the South African Registrar of Medical Schemes. This is punishable by law under the Medical Schemes Act if not adhered to. Discovery has always adhered to this law and is one of the vocal supporters of this legislation.
Currently Discovery Health is one of the fastest growing medical aid schemes in South Africa. This is thanks to the very wide spectrum of medical aid options that they bring to the healthcare market in the country. Every January medical aid members who belong to a Discovery Healthcare plan are entitled to upgrade or downgrade their medical aid option as they, the client see fit. This either gives them access to more or increased options within their plan, or puts them into a less expensive bracket with more affordable health benefit options.
Due to the strict regulations that control the medical aid industry in South Africa it is possible to find out which medical aid option best suits your pocket before any changes become current. This is because the South African medical aid is compelled by law to report any future changes to a medical aid plan in a timeous and transparent manor.
Did you know? Discovery Health has a product unique to the industry called Vitality Life. This product can be linked to all of a clients Discovery operated insurance options (including life insurance) and serves as both a financial and health support structure. This support grants substantial life insurance policy discounts to its clients if they adhere to a strict set of health regimens such as a complete ban on smoking.