When it comes to your health you need to plan ahead and make the right investment in the right medical aid plan for your needs. But this does not have to mean that you should spend a fortune on it. Most people think that investing in an entry level medical aid plan will not have the same benefits as investing in a premium plan, but this all depends on your health and what your medical needs are.
Thus if you are someone that does not get sick very often you will most likely benefit more from an entry level plan than you would benefit from a premium plan. But you also need to keep in mind that nobody knows what the future might hold, and anything can happen.
Thus you need to keep in mind that with an entry level plan you will most likely have to pay for the day to day medical needs and you will still be covered for the big medical needs and treatments. But on the other hand a premium medical aid plan will offer you comprehensive cover for day to day and big issue medical treatments, but this cover does come with a big price.
Here is a look at the cons of investing in a premium medical aid plan, as opposed to investing in a basic entry level plan.
Pay for Something that You Will Not Need
With a premium medical aid plan you might end up paying for something that you will never need. If you think about it how many times in your life will you have to be hospitalised you will realise that investing in a premium plan will not be worth the money you pay each month.
Some medical aid plans can cost you more than a thousand each month, and if you put that money that you would have spent on a plan in a savings account each month you will be able to cover your own medical needs. Thus you need to carefully plan ahead and think about what your needs are, because maybe you would be better off saving your medical aid money and then just investing in a simple basic medical aid plan or even just a basic hospital plan. This way you will still be covered and you will be able to save up some money for something that you really need.
You Will Still Need to Pay in
Even if you invest in a premium medical aid plan you will still have to pay in from time to time. This means that you will have to spend extra money on top of what you are already paying each month for your medical cover. Another thing to also keep in mind is that not all medical treatments and diseases are covered and this means that you will still have to pay for it in the end.
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