The Grant Thornton Capital Medical Aid Survey for 2018, which compares local medical aid schemes on the cost to members across various levels of cover, was released to the public in July.
According to Business Tech, for the 2018 review, GTC screened 22 medical aids (21 open and 1 closed scheme – Profmed) offering 272 plans.
Medical aid prices are usually calculated depending on your salary, various your specific needs.
Health insurance and medical aid seem quite similar, but there are distinct differences which set them apart. These differences are also responsible for the disparity of the price points at which they are being offered to customers.
Even the cheapest medical aid is usually a bit pricier than a medical aid insurance premium.
