By Health Reporter Medical aid is a form of insurance where members pay a monthly fee (called a contribution or premium) in return for financial cover for medical treatment or related medical expenses when the need arises. Medical aid members contribute money into a pool on a regular basis to cover health related expenses for any one of the contributing members as and when the need arises. The medical aid concept operates on the principle of cross subsidy. The well subsidize the sick, and the young subsidize the old. Due…
Read MoreDemystifying Medical Aid In Zimbabwe
