Cancel discovery medical aid

Aye

Member
Joined
Oct 11, 2018
Messages
10
#1
Hi guys
I would like to cancel my medical aid and I know I've gotta give 30 days notice

What I want to know would I still be Able to do things in that 30 days notice

Like get contact lenses
Do some fillings and a cleanup
Cleanups and checkups for kids on their teeth
 

Carsomyr

Active Member
Joined
May 7, 2013
Messages
33
#4
If you have spent more of your Medical Savings Account than what you have actually paid premiums for 2019, they are going to send you a bill the amount that you have gone over, so depending on what your spend there looks like at the moment you won't win anything by claiming anything now (So if you gave notice in may, if you have used more than 5/12 = 41% of your MSA, you will owe them money once it cancels)
 

diapason

Senior Member
Joined
Sep 24, 2016
Messages
906
#5
Just bear in mind that if you are now going to be without a medical aid, you could end up paying late joiner penalties if you rejoin some time in the future if over 35.
 

beans100

Honorary Master
Joined
Jul 30, 2010
Messages
10,242
#6
You'll be charge with a huge claw back amount, that you'll owe the medical aid. And seeing as it is Discovery, they won't let it go easily. I know, they've ripped me a new one, few years back.
 
Top