Medical aid gap cover is a necessity, not a luxury

Tokkie Ferreira Brokers is proud to announce our new Medical Aid department.

A warm welcome to Suhaifa Kokatay (Sue) as our Medical Aid and Gap Cover Representative, working under supervision.

We are excited to have an enthusiastic new team member with exceptional skills and expertise among us. Sue has 6 years of administrative hospital experience and 4 years of medical aid administrative experience.

The purpose of medical aid is to financially protect you and your family against unexpected medical costs. The greatest advantage is that you have the choice of private hospital and private medical service provider cover. At Tokkie Ferreira Brokers we specialise in Discovery Health, Momentum Health, Medshield, Bonitas, and Medihelp.

Why do you need additional medical cover?

Usually, medical aids will only provide cover at 100% of the scheme rate, sometimes 200% or 300% for the higher tier plans.

In medical terms, 100% does not mean everything will be covered.

There are no laws that govern what doctors charge, doctors will always tend to charge anything between 200% and 500% extra for procedures. To cover these charges, gap cover was brought about.

Besides doctors charging above medical aid rates, medical aid will also require you to make upfront co-payments for certain procedures or admissions, which you can claim back from gap cover if you have the benefit in place.

Gap cover is not a luxury but a necessity if you are on a registered South African medical aid and will safeguard you from such shortfalls and co-payments. Tokkie Ferreira Brokers specialise in Stratum and Sirago

We are available to service and advise on all existing business and new business, broker appointments are welcome too.

Together, our dynamic team will progress to new heights!

Tokkie Ferreira Brokers

Sue Kokatay

0539270525

sue@tfm1.co.za

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)