What is the difference between a Hospital Plan and Medical Insurance?

Get Medical Insurance explores the difference between a Hospital Plan and Medical Insurance.

A Hospital Plan and Medical Insurance both provide medical coverage. The two plans, however, differ in the type coverage they provide. Read on as we explore the two products.

What is a Hospital Plan?

A Hospital Plan is a medical plan that gives you cover only for in-hospital medical expenses. Hospital Plans are usually cheaper than more comprehensive medical plans. This is because hospital plans tend to provide limited coverage. A Hospital Plan will only cover the costs associated with your hospital stay if you are admitted. This includes things like:

In-hospital stay fees.
In-hospital Doctor fees.
Medicine prescribed in the hospital.
Specified tests and procedures.
Theatre fees.
Intensive care unit (ICU) fees.

Hospital Plans don't usually cover out-of-hospital medical expenses. With a Hospital Plan, you are not covered for things like:

Private doctor (General Practitioner) visits.
Over the Counter (OTC) Medication.
Chronic Medication.
Dentistry.
Optometry.

What is Medical Insurance?

Medical Insurance is an affordable and cost-effective form of medical cover. Medical Insurance provides medical cover and day-to-day benefits for all your needs. Medical Insurance tends to focus more on the day-to-day benefits than in-hospital cover. Medical Insurance gives you cover for:

Private doctor (General Practitioner) visits.
Accident Cover in hospital (additional value added product).
Emergency illness cover (additional value added product).
Virtual Doctor Consultations.
Nurse and Wellness Clinic Based Care.
Acute Medication.
Over the Counter (OTC) Medication.
Immunisation.
Chronic Medication.
HIV Programme.
Dentistry.
Optometry.
Maternity benefits (2D scans).
Health Screenings.
COVID-19 Testing.

You can, however, buy Accident Cover as a value added product with Medical Insurance. This will give you extensive cover for both day-to-day benefits and in-hospital treatment.

Should I buy a Hospital Plan or Medical Insurance?

The answer to this question will depend on your individual circumstances.

If you have good health and do not need day-to-day medical cover, a Hospital Plan may be a good option. This is because a Hospital Plan only provides cover for in-hospital medical expenses.

If you need cover for a range of medical expenses, you should consider Medical Insurance. Medical Insurance combined with Accident Cover provides a more comprehensive coverage. You will have cover for both day-to-day and in-hospital medical expenses.

Do you need more cover against unexpected medical expenses? Get Medical Insurance can help. We provide affordable Medical Insurance and Accident Cover. You can combine both Medical and Accident Cover for a more comprehensive coverage.

Don't wait for the bills to pile up. You need medical cover for all your needs, not only when you're admitted to hospital.

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