Medical Insurance vs Medical Aid in South Africa

There are new financial products constantly emerging in the market which will help you fund your healthcare expenses. Most are reworked products that you may have previously known by other names. Some are truly new and unique. But before you jump ship and abandon your medical aid for these cheaper financial products, it is important to understand the differences. The fact is that there is no product that can fully match a medical aid although many offer comprehensive benefits. Medical insurance is one such product.