Question becoming increasingly common
The question becoming increasingly common but it might be cost effective to keep your elderly parents on their own medical aid, which you can downgrade and upgrade as the need arisesQ: My 65-year-old mother is on a medical scheme, but it has become too costly for her to maintain. We’re considering adding her onto our medical scheme as an adult dependent.
When transferring between schemes, the new scheme usually imposes a three-month general waiting period. A: Liora Bamberger, founder of Liora Bamberger Private Clients and a practising attorney, notary and conveyancer in Johannesburg responds:
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