Results 1 to 8 of 8

Thread: Medical aid options

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Diamond Member Blurock's Avatar
    Join Date
    May 2010
    Location
    Durban
    Posts
    4,196
    Thanks
    758
    Thanked 897 Times in 745 Posts
    Blog Entries
    7
    Is a savings account not just an additional premium that you pay for the convenience of paying the doctor with your own money and not out of the medical aid?
    Keeping the "savings" premium money on a call account earns you interest and you end up paying the doctor only when you use him.
    Excellence is not a skill; its an attitude...

  2. #2
    Bronze Member
    Join Date
    Feb 2018
    Location
    Pietermaritzburg
    Posts
    168
    Thanks
    12
    Thanked 4 Times in 4 Posts
    Quote Originally Posted by Blurock View Post
    Is a savings account not just an additional premium that you pay for the convenience of paying the doctor with your own money and not out of the medical aid?
    Keeping the "savings" premium money on a call account earns you interest and you end up paying the doctor only when you use him.
    Quite right, teh savings is really for those that prefers the medical aid to manage their day to day medical costs. So if you can manage your own costs then you would not need a savings account. However, if you compare Discovery coastal saver to Discovery Coast Core, you will see that over and above the savings account there are other benefits which are not available to Core members.
    I guess its there to encourage more people to go onto the savings plan. That way the medical aid has more cash to control, bloody clever if you ask me!

Similar Threads

  1. [Question] What are my options
    By Daved64 in forum Labour Relations and Legislation Forum
    Replies: 0
    Last Post: 05-Jan-16, 01:02 PM
  2. Replies: 3
    Last Post: 28-Aug-13, 09:30 PM
  3. [Question] neglegence in sending medical bill to medical aid on time, what do we do?
    By polar101 in forum National Credit Act Forum
    Replies: 3
    Last Post: 30-Apr-13, 03:47 PM
  4. Replies: 0
    Last Post: 04-Oct-12, 09:05 AM
  5. Medical Insurance as opposed to a Registered Medical Aid
    By LotteTorkilson in forum Tax Forum
    Replies: 7
    Last Post: 01-Oct-12, 08:04 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •