Hospital Cover South Africa – Understanding the concept of “buying-down”

There is currently a lot of uncertainty in South Africa Not only is there a litany of prevailing negative connotations but we also have to accept that many aspects of society are currently in transition phase. None more so than in healthcare, as progress and concessions are slowly being negotiated towards the future roll-out of the National Health Insurance (NHI) system.

Healthcare is often viewed as a grudge purchase – a necessary expense with questionable returns. As families across the nation scrutinize their monthly budgets, hospital cover South Africa is often identified as the expense that can be sacrificed to make ends meet. Rather than relinquishing your hospital cover and taking the associated health and financial risks, a favourable alternative has emerged for you to consider – “buying down” to a more affordable hospital cover South Africa option.

The Hospital Plan Buy-Down Balancing Act

The choice to buy-down to a cheaper plan should be balanced evenly between what your family’s healthcare needs are, and how much you can afford to pay in monthly premiums. Unlike primary healthcare, where healthy living lowers your risk factor, hospitalisation is a scenario that may suddenly and unexpectedly happen to any South African citizen.

Carefully consider the restricted benefits attached to a particular hospital plan and assess whether that provider’s list of network hospitals are feasible to you and your family. Using out-of-network hospitals and specialists can result in huge and unexpected medical bills, regardless of which medical aid or health insurance scheme you are a member of. These unforeseen out-of-pocket expenses may be not be so clear cut when reading the fine print of a health plan policy.  Read the benefit schedules of every prospective hospital cover in South Africa carefully to make an informed decision when buying down.

Get Treatment for your hefty Medical Costs

With hospitalisation and doctors’ bills spiralling over the last decade, the introduction of the latest double digit premium increase might just be the trigger that pushes you over the edge.  Take a deep breath, do your research, and make the sensible decision to buy down from your medical scheme.

Day 1 Health offers a range of affordable solutions, tailored to the extent of hospital cover that you and your family may require. Offering a broad range of primary healthcare and hospitalisation benefits, additional specialist options and generous waiting periods, South Africans can now confidently buy down from exorbitant monthly medical costs without sacrificing their wellbeing. Find a plan that meets your budget and requirements and Apply online today.


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