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Save money, save your life

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As a resident of South Africa, you have almost certainly taken out some kind of medical insurance for yourself. It’s also possible that you have a medical savings account into which you’ve built up a fund in case things go wrong. How much cover do you think you have? R1 million? R2 million?

It might seem like you have a lot of cover but healthcare can be EXTREMELY EXPENSIVE.

A recent estimation put the cost of a heart transplant at well over R2 million. This terrifying figure is precisely why you need to be aware of how your personal finances are tailored to looking after your health.

We asked one of the country’s leading Financial writers for tips on how to manage your money in a way that won’t leave you stranded when the medical bills start rolling in. You can save for medical emergencies.


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