By Enock Musungwini, MPH; MBA There are varying definitions and descriptions of what a medical aid is. Medical aid societies, also known as private health insurance companies, are non-profit or for-profit entities that provide health coverage by pooling member contributions to finance medical services. According to Shylet Sanyanga, the AHFoZ CEO, a medical aid is a form of insurance where members pay a monthly fee (called a contribution or premium) in return of financial cover for medical treatment or related medical expenses when the need arises. Medical aid members contribute…
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