So how do you choose the best gap cover? It really depends on your own circumstances but there are some key elements to consider.
Tag: Gap Cover
Gap cover is one of those grudge expenses which we don’t really want to pay, but which is absolutely vital! If you have private medical cover you may think that you’re covered for everything, but in reality you are probably not.
Medical Aids have limits of how much they will pay for each and every type of procedure, specialist and every small item. When going in to hospital the bill for a simple day procedure could be R40k or more of which the medical aid will often only pay a portion.
That’s why Gap Cover is so important. To cover the difference for in hospital expenses that the medical aid does not cover.
As you will see in the articles below, gap cover itself does not cover all medical expenses, it only covers what your medical aid plan covers, but which it does not pay in full.
How Gap Cover works
If you're wondering how gap cover works, you're not alone! Medical Aid covers healthcare professions up to a limit, but they charge more. Hence a gap.
Gap cover; another insurance
Gap cover is the insurance you need for the difference between what the medical aid will pay for a procedure or specialist versus what they actually charge
How does Gap Cover work?
Most of us are familiar with private medical aid and understand the importance of it, but what about Gap Cover? It's one of those things that we don't necessarily want to pay for, if we can even afford it, but…