Until recently, the only medical plans you could get were highly priced medical aids or whatever cash you could muster at the time. Some intelligent company saw this and decided to design something halfway between the two. It needed to be affordable, yet comprehensive. It also needed to cater for the emergencies of the healthy. As so came about the hospital plan. It did what the medical aid schemes of the time did not.
The Clientele hospital plan differs from a medical aid in a number of ways.
Out of hospital benefits: Medical aids offer a lot of out of hospital benefits. There are options on how much cover you want. You can have a savings plan, where visits to doctors and medication are paid for out of this savings plan. Another option is to have a yearly limit. This means that you have a certain budget each year to use on medication and doctors visits as well as various specialists. The Clientele hospital plan or any hospital plan for that matter does not offer any of this. This means that a hospital plan is often a lot cheaper than a medical aid.
In hospital benefits: Both kinds of health care options offer similar ranges of in hospital benefits. Both a medical aid and the Clientele hospital plan will cover you for most procedures and specialist services. There are generally some limits on how much you are covered for and what you will have to pay for out of your own pocket. This is very similar to the concept of the excess payment on an insurance policy. The major difference is that a hospital plan will pay out a certain amount each day that you are in hospital. This can be used at your discretion. You can use it to help support your family while you are incapacitated or you can use it to pay for the hospital bills that you will still owe.
What you will receive form a hospital plan payout depends on what options you selected when you took out the policy. They can be adapted to fit your pocket and individual needs. It is also possible to opt for a larger payout each day if you are put into intensive care instead of regular wards. Again, this money can be used to pay for whatever you need to pay for and takes the place of your salary while you are in hospital.
If you are a family with children, it may be better to have a medical aid as you can put the entire family under one policy, besides, children have an annoying tendency to get ill just when you cannot afford to pay for the medical bills it would take to get them better but you have no choice but to take them to the doctor and make a plan financially. For a bachelor or single women, the hospital plan may be a better option, especially if you do not get ill very often and only make one or two visits to the doctor each year and have no plans around having children in the near future.
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