Health Funds

Health funds, also known as health insurance funds or health maintenance organizations, are organizations that collect premiums from members to cover the cost of healthcare services. Members pay regular contributions, and in return, the health fund helps reduce out-of-pocket expenses when visiting doctors, specialists, or hospitals. Different funds offer various plans with varying coverage levels, networks, and benefits. Essentially, health funds provide financial protection and streamline access to medical care, helping individuals manage healthcare costs more predictably. They play a key role in ensuring that members receive necessary health services without bearing the full expense themselves.