The existence of medical aid has made it possible for people to receive life saving treatments. All kinds of people are able to afford medical care. That is because the industry is growing with a number of medical aid companies having increased over the years.
Nations are becoming healthier and the lifespan of people is also increasing. This is helping with improving the standard of living for people because they are able to lead disease free lives. The level of stress also goes down because people do not have to worry about their future wellbeing.
Paying The Same Premiums
Everybody pays more or less the same premiums every month. However this will change from case to case depending on what sorts of needs the different members have. Your age when joining a scheme will also play a role in determining your premiums.
Generally if you join after you have reached the age of 35 you will be subjected to a small penalty in a form of increased premiums. This is done to enable the medical aid to provide you with appropriate benefits. The money you pay will always go toward ensuring that you have adequate cover.
People with pre existing conditions are also able to join medical aids and also pay the same amount as the rest of the members. The only thing they would have to do is serve a waiting period that is imposed by schemes to make sure that they are protected against risk.
People are never prevented from joining based on the illnesses that they are suffering from. Everybody has an opportunity to join as long as they can afford to keep the monthly premiums up to date. All kinds of people are able to join irrespective of what is happening in their personal circumstances.
Chronic Illnesses Covered
People with chronic illnesses can be accommodated so that they can receive the medication they need to treat their illness. A special programme is drafted for them to accommodate the special circumstances. The chronic medication will be available to the member for as long as they need it.
Their condition will be monitored regularly to see if the treatment regime needs to be modified. Should there be a need for any modifications the medical aid will make the proper arrangements. They do this with relevant medical institutions to ensure that your programme is changed accordingly.
The contributions that are made by members on a monthly base are pooled together to make sure that cover will be provided for the members. The monies are never used for anything else because the sole reason for the existence of medical aid companies is to provide cover for members.
Medical aids are regulated by authorities so they have to always conduct themselves in a manner that is beneficial to the members. This ensures that the monies that people pay are not wasted on anything else. Hence as a member the money you pay will never go to waste.