In our guide today, we will discuss Absa medical insurance in South Africa.
This insurance cover ensures that all your emergency medical needs are well taken off, and you do not have to dig into your pocket every time.
This insurance provides coverage only for hospitalization, pre-specific ailments, and accidents.
We will show you the features of the Absa medical insurance.
Features Of Absa Medical Insurance
With this cover, you can get emergency medical attention when traveling.
You can get this cover when you take other Absa insurance covers like the Absa travel insurance, Absa home insurance, or the Absa car insurance.
This insurance does not cover pre-existing medical conditions but only the emergency unpredicted medical emergencies.
These are the features of the Absa medical insurance in South Africa.
Absa Medical Insurance
Now that you know the features of this cover, we will show you exactly how it works in South Africa.
The cover does not offer any add-on coverage like health insurance.
The compensation for this cover is based on the sum you have assured.
There are two types of medical insurance; cashless and reimbursement.
With the cashless claim, you are treated at the hospital, which the Absa insurance company covers and the insurer will bear all the hospitalization expenses.
You will not need to really pay any amount of your hospital bill.
With the reimbursement claim, the insured must inform the insurance company about the hospitalization either in advance or at the time of admission.
You should keep all the original documents, such as bills and the discharge card, to use at the reimbursement time.
This is how medical insurance works in South Africa.
What are the Disadvantages Of This Policy
Despite the good coverage, the insurance cover has its drawback.
We will show you some of the main disadvantages of this cover.
This cover doesn’t give you comprehensive coverage against hospitalization expenses, pre-hospitalization, and post hospitalization expenses, as well as the ambulance charges.
The cover doesn’t offer any flexibility in terms of coverage, meaning that you can’t reduce your policy duration or change your insurance premiums.
You do not get add-on coverage such as critical illness and accidental disability.
The cover doesn’t provide the critical illness cover for diseases like cancer and heart attack.
These are the cons of Absa medical insurance in South Africa.