Medical Aid for Pensioners

Medical Aid for Pensioners offers financial cover for health-related expenses specifically for those at the stage of retirement. Medical Aid schemes in South Africa do not have an age restriction, but a fee does apply if you start your cover for the first time after the age of 35. Medical Aid for people of pension age can be difficult to compare. Often, as people reach retirement age, their disposable income decreases, but their health risks increase. That is why it is always best to get advice from a professional financial advisor or Medical Aid broker.

Advantages and disadvantages

As a pensioner whose budget is tight but whose medical expenses are expected to increase due to their age, it is vitally important to note that there are options available to suit their budget and their medical needs. Pensioners could benefit from considering Medical Aid plans that include comprehensive in-hospital cover in case of medical emergencies, day-to-day cover for GP visits and medication, as well as dentistry and optometry.

But, if you have never signed up for Medical Aid before, and you're of pensioner age, you will have to pay a late joiner penalty fee that can increase your monthly premiums by up to 75%. This fee is dependent on age, so someone who is 60 will pay less of a penalty fee than someone who is 80, for example.

 

Depending on previous Medical Aid cover, all medical aids are entitled to impose a 3 month general waiting period, during which no claims will be paid, and / or a 12 month exclusion for any pre-existing medical conditions.


If you have yet to invest in Medical Aid, or have decided to take out a new policy, it’s best to do your research before you apply. Compare medical aid benefits and prices online with Hippo.co.za and you’ll be on the right path to finding the best deal for you.

 

Expert Tools, Tips and Guides

Welcome to our comprehensive guide, where we've meticulously compiled essential information, tools, and insights to assist you in navigating the complex world of medical aid.

Here are some of our guides to help you make the best choice for you Here are some of our tips to help you make the best choice for you

Our Guides

Our Tips

Medical Aid for Students: Navigate options tailored for young adults balancing studies and healthcare needs.

Comprehensive Medical Aid in SA: Explore extensive coverage options for a wide range of medical conditions and healthcare services.

Medical Aid for Pregnant Women: Understand specialized plans covering prenatal care, delivery, and postnatal services.

Hospital Plans & Cover Options: Compare various hospital plans and their coverage against full medical aid schemes.

Medical Aid for Pensioners: Discover plans catering to the unique healthcare needs of older adults.

Compare Medical Gap Cover: Learn how gap cover can complement your medical aid to reduce out-of-pocket expenses.

Medical Aid for Families: Find comprehensive coverage options for households, from routine check-ups to specialized care.

Compare Medical Insurance: Evaluate different medical insurance options to find the best fit for your health and financial needs.

Medical Aid for Children: Explore plans tailored to pediatric care, from vaccinations to unforeseen medical emergencies.

Compare up to 10 Medical Aid: Easily compare multiple medical aid schemes side by side to find the best value for your needs.

Medical Insurance vs Medical Aid: Understand the key differences between these two types of health coverage to make informed decisions.

FAQ's For Medical Aid: Find answers to common questions about medical aid in South Africa, from waiting periods to chronic condition coverage.