Get gap cover that protects you from unexpectedly devastating medical costs

Medical schemes are a great way to ensure that you are covered in the event of a medical emergency or even if you just require general healthcare services. For those who do not belong to a medical scheme the costs of healthcare (especially when it is unexpected) can be almost insurmountable.

The tariffs that many specialists demand, however, can run between 200% and 500% that which is covered by the rates in the medical aid scheme. Moreover, most schemes offer only limited cover for cancer treatments, internal prosthesis, and MRI or CT scans, while advance co-payments are often required for radiological procedures and hospital admissions.

Naturally, this could cause problems even for those who are on good medical aid schemes. Fortunately, this is where gap cover comes into play. Gap cover is, in the simplest terms, a short-term insurance policy that compensates for and covers the discrepancy between the covered rates of your medical aid scheme and the higher fees that specialists often charge.

Stratum Benefits is a leader in medical gap cover and provides solutions that ensure that payments to specialists who charge higher fees are increased by up to 500%. Stratum’s gap cover also provides coverage for repayment of mandatory co-payments, as well as increased benefits for cancer treatments, MRI & CT scans, and internal protheses.

Gap cover is affordable and acts as an essential part of a holistic medical plan. Stratum’s Compact 300 gap cover policy, for instance, offers additional cover for a whole family – which can end up saving them thousands of Rands down the road.

Life is full of risks that can be managed. Here at Tokkie Ferreira you can say goodbye to the grey areas in your insurance policies. Our experienced advisors have all the expertise you need to get an affordable gap cover policy that works for you (and your family), making sure it doesn’t affect your lifestyle.

Get in touch with us today and make sure that any future medical expenses are fully covered with minimum fuss.

This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice. Errors and omissions excepted (E&OE)