Age Limits (Minimum and Maximum) on Hospital Plans

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Age limits are an important consideration for hospital plans because depending on what you may be looking at for cover, you may be too young or too old. It ultimately depends on the type of hospital plan you are looking at. In South Africa, the term hospital plan is used so frequently but very few people understand that it is an umbrella term which refers to different financial products, namely medical aid and a hospital cash back plan. Similarly the minimum and maximum age criteria and limits for cover varies according to each type of hospital plan. Here is a quick overview :

  • Any person of any age can join a medical aid.
  • A hospital cash back plan is only open to people under the age of 65 years.

Hospital Plans for Pensioners

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Growing old has major implications for your healthcare cover. Whether it is a medical aid or hospital cash plan, there are certain implications associated with becoming a pensioner that you need to take into account. The fact of the matter is that a medical aid will accept a person of any age but once you factor in the late joiner fee, you will be paying extra for hospital cover. Unfortunately hospital cash plans are insurance policies that do not accept people over the age of 65 years so you cannot sign up for this cover. Nevertheless, it is important to consider your healthcare options carefully as the senior years are the time when you need this protection the most.

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