The extended countrywide lockdown to curb the spread of the coronavirus means that millions of us are facing the prospect of little to no income in the months ahead. As you re-examine your budget for expenses that can be cut or reduced, you might be tempted to look at your medical aid contributions. But is this a good idea?

NT Snyman, senior consultant at Alexander Forbes Health, says considering cancelling your medical scheme membership at this time would be ill-advised...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.