Medical aid, also known as health insurance, provides coverage for medical expenses incurred by the insured, including hospital visits, surgeries, and prescription drugs.
Access to Healthcare: Ensures access to necessary medical services and treatments.
Financial Protection: Reduces out-of-pocket expenses for medical care.
Preventive Care: Often covers preventive services, promoting overall health.
Peace of Mind: Provides assurance of financial support in case of illness or injury.
Premium Costs: Can be expensive, especially for comprehensive coverage.
Exclusions and Limits: Policies may have exclusions, waiting periods, and coverage limits.
Complexity: Understanding different plans and coverage options can be confusing.
Claim Denials: Risk of claims being denied or partially covered, leading to unexpected expenses.
