Tag: medical expenses

Understanding gap cover misconceptions is essential to ensure you make informed decisions about your medical expenses and coverage. Today’s consumers are facing more medical expense shortfalls, co-payments, and sub-limits than ever before. As a result, gap cover has become essential for comprehensive medical cover and protection against unexpected financial burdens.

The Change. The Transition. The Great Climacteric. The M-word. Menopause, when ovaries stop producing eggs and women no longer have periods. Approximately 75% of women will experience symptoms that accompany the drop in oestrogen that comes with menopause. And when we do, it can get expensive to manage.

In a recent case of MM obo GM v the North West Province's Department of Health MEC, (782/2022) [2024] ZASCA 52, an appellant's claim for certain damages was struck from the roll by the Supreme Court of Appeal and her claim for personal damages was remitted to the trial court for determination.

Paying monthly contributions to a registered medical aid scheme ensures your healthcare cover and offers financial benefits facilitated by the government through tax relief. This tax relief, known as "tax credits", is a percentage deducted from your tax liability and subsequently refunded to you.

While the President has signed the National Health Insurance (NHI) into law, the bean counters at National Treasury have yet to start looking for their excel sheets needed to ensure the NHI is fully costed. The first reason is due to the confusion of objective versus political ideology. The NHI has been touted as introducing “universal healthcare coverage” (UHC).

Retirement planning has always been a crucial aspect of financial security for individuals and societies alike. However, in the face of rapid technological advancements, changing demographics, and evolving economic landscapes, retirement planning is undergoing a transformation.

There is a lot of confusion and misunderstanding when it comes to medical aid versus medical insurance, and where hospital plans fit in, and this can make it difficult to decide what the best solution is to meet your needs. The reality is that they are not the same, and you cannot actually compare them, as they offer completely different benefits and serve different purposes.

According to the World Health Organisation (WHO), cancer is the leading cause of death worldwide, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths.

Dividing your savings into two separate categories – each with its own unique purpose – can provide clarity and boost your progress towards achieving your financial goals. When it comes to saving money, having a clear strategy in place can make all the difference.

The insurance aspects of film production shouldn’t be left to chance and producers should consider the very diverse risks accompanying the development of movies or series. The role of commercial and film producers’ insurance cover is to protect the financial interests of the production funders against unfortunate events that may cause physical damage or delays resulting in a loss.