2 Replies to “Join, switch or cancel…”

    1. Ok, so, you have a savings portion (not just a hospital plan) and say its R1200 for the year (hahahaa, but keeping it simple) and your premium is R500pm (again, hahahaha) of which R100pm is funding that savings.

      If you run out of the day to day fund in April you can use that entire savings in May if you need to, even though you would only have paid 4 or 5 months worth via your premiums.

      Now you cancel your medical aid in June (having paid 6 months worth of premiums, of which R600 went towards that savings of R1200), but you used the full R1200 in May. Now you owe them R600 which you would have paid off over the next 6 months had you not cancelled.

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