How Much Does Medical Aid Cost In South Africa 2024-2025
Medical aid is a form of insurance where you pay a monthly amount called a contribution or premium in return for financial cover for medical treatment you may need, as well as any related medical expenses
How Much Does Medical Aid Cost In South Africa
Medical aid costs
| TYPE OF MEDICAL AID | MONTHLY COST FOR A FAMILY OF THREE |
|---|---|
| Hospital plan with savings | R7,596 on Medshield MediSaver |
| Income-based plan | R7,181 on Fedhealth MyFed on an income of R14,427 and above |
| Semi-comprehensive plan | R11,223 on Bonitas BonClassic |
| Comprehensive | R15,899 on Discovery Executive |
What is the best affordable medical aid in South Africa?
Comprehensive
| # | PLAN | PER MONTH |
|---|---|---|
| 1 | Fedhealth Maxima Standard Elect | R3 099 |
| 2 | Fedhealth Maxima Standard | R3 741 |
| 3 | Discovery Essential Delta Comprehensive | R4 539 |
| 4 | Momentum Extender: Associated Hospitals, Chronic: State | R4 655 |
What is the best medical aid in SA?
This chart shows member distribution across the top 5 Medical Aids in South Africa.
Discovery Health. Members: 1.14 million. Beneficiaries: 2.46 million.
Bonitas Medical Fund. Members: 273,285. Beneficiaries: 602,415.
Momentum Health. Members: 100 936. Beneficiaries: 200 062.
Medshield. Members: 84,860.
Fedhealth. Members: 72,945.
How do I apply for medical aid in South Africa?
You can streamline the process of joining a South African medical aid by consulting a medical aid broker. At IFC, we not only offer free consulting and after-sales services but do all the paperwork on your behalf. You can also download application forms for leading South African medical aids directly from our site.
How long does it take to get medical aid?
According to the Medical Schemes Act, medical aid schemes are entitled to impose a 3 months general waiting period and / or a 12 months condition specific waiting period(s) for any pre-existing medical condition(s). The Act makes specific provision for the imposition of waiting periods (and late joiner penalties).
How does medical aid work in South Africa?
Medical aid in South Africa provides financial cover for medical expenses for members who pay a monthly contribution for this cover. These contributions are paid to medical aid schemes (including Discovery Health Medical Scheme) and are pooled and safeguarded. These schemes are operated on a not-for-profit basis.