5 Best Medical Aids under R2000 in South Africa
The 5 Best Medical Aids under R2000 in South Africa revealed.
We tested them side by side and verified their medical aid plans.
This is a complete guide to the best medical aid under Two Thousand Rand in South Africa.
In this in-depth guide you’ll learn:
- What is a Medical Aid?
- How do you find affordable medical aid in South Africa?
- How to choose the best affordable medical aid for your needs?
- Medical Aids under R1000 vs Under R2000.
- How to sign up with your ideal medical aid?
- How do you choose the best medical aid for your family?
So if you’re ready to go “all in” with the best medical aids under R2000, this guide is for you.
Let’s dive right in…
Best Medical Aids under R2000 (2023)
|🩺 Medical Aid||✔️ Plans Under R2000?||⚕️ Plan Offered||👉 Sign Up|
|1. BestMed||Yes||Savings Plan||👉 Apply Now|
|2. Momentum Medical Aid||Yes||Ingwe Student Option||👉 Apply Now|
|3. Discovery Health||Yes||Discovery KeyCare Plan||👉 Apply Now|
|4. Bonitas||Yes||Boncap Student||👉 Apply Now|
|5. FedHealth||Yes||flexiFED Savvy||👉 Apply Now|
5 Best Medical Aids under R2000 (2023)
Why you need affordable medical aid
👉 South African citizens must now have medical aid due to the increasing costs of quality medical care in the current economic climate.
👉 As a result of this need, numerous medical aid plans have arisen. Therefore, regardless of your financial situation, you can always choose a hospital or medical aid plan that suits your needs and budget.
👉 If you haven’t already enrolled in a medical aid plan, we have some reassuring information for you. Read this article to find out everything you need to know about medical aid in South Africa, including how much coverage will cost in 2023 and how different plans compare to one another.
👉 Despite your age, career situation, or where you live in South Africa, you should seriously consider enrolling in a healthcare plan. You never know when you might get sick or harmed. Not having medical aid might have disastrous consequences.
👉 And if that weren’t bad enough, you could end up in a mediocre hospital or with unmanageable debt that will take years to repay. Making a small contribution on a regular basis may help alleviate some of your worries. You can rest easy knowing that you have a plan in place to pay for hospital bills in the event that you need to be treated there.
👉 Knowing you are safe will allow you to carry on with your life despite the trying circumstances.
👉 Physical therapy and kidney dialysis are only two examples of the kinds of medical treatment whose costs might skyrocket in an emergency. You could end up with far less money to help your family if you don’t get the right medical aid plan.
👉 This is a common source of stress on family budgets. Low-income individuals and families now have numerous affordable healthcare coverage choices. Knowing that medical aid is affordable is a relief.
👉 Plan premiums can cost less than R2000 per month, per family, for medical coverage. The vast majority of these programmes are relatively inexpensive while offering necessary safety nets and several desirable benefits to their enrollees.
👉 The annual membership fee is a set percentage of salary for salary-based plans in particular. It’s important to remember that even the wealthy don’t always have access to the lowest possible healthcare costs.
Read more about Gap Cover under R300 per month
How to choose the right medical aid scheme
👉 Consider whether you can afford routine medical expenses, such as trips to the doctor. Typically, hospital plans are considerably cheaper than comprehensive medical coverage. However, keep in mind that even hospital policies cover 25 chronic diseases (known as PMBs).
👉 If you have ongoing health issues, you may require comprehensive medical coverage rather than just a hospital plan. If you are generally healthy but have eye or dental concerns, select a plan that adequately covers these conditions.
👉 Check who offers the greatest price for your spouse and children, as well as your monthly contributions, if you decide to enrol in a plan. Medical aid plans that reimburse you for each day you spend in the hospital rarely cover even a fraction of the total medical expenses.
👉 If you must choose an open scheme, contact the secretary of your general practitioner or the nearest private hospital to determine if they have encountered problems with payouts from that particular scheme.
👉 Any broker should have the most up-to-date information on this. The last thing you want is to pay your premiums only to discover that the programme has failed while you were in the hospital getting kidney stones removed. Schemes are required by law to set aside at least 25 per cent of members’ annual contributions.
👉 Check the day-to-day limits and annual maximum of your Medical Savings Account (MSA) before enrolling in a plan that appears on paper to cover 100% of the cost of a number of services.
👉 If the MSA is tiny, your day-to-day coverage could be exhausted by February. Also, many private hospitals do not levy medical scheme rates; despite having hospital coverage, you may receive a hefty bill after your hospital visit.
👉 Check what co-payments are required for each bill. Consider selecting an option that reimburses 200% of the medical fund rate for hospital treatment. And verify what their cancer coverage costs are.
👉 Depending on the plan, certain conditions may be excluded from coverage for a certain period of time (not more than one year). Before signing on the dotted line, be aware of these possible exclusions.
👉 Also, if you are not coming directly from another scheme and are joining for the first time, you cannot often claim expenditures for the first three months.
👉 What would happen if you were all involved in the same accident, if a plan limited hospital claims to R500,000 per family per year? You may be astonished to learn how much a week or two in the hospital might cost you and your family.
👉 With all this in mind, it’s time to review the best medical aid plans available at under R2000 per month.
Get a better understanding of Health / Medical Insurance in SA
5 of the Best Known Medical Aids in South Africa under R2000
👉 In order to feel safe in the face of potentially devastating medical bills, it is essential to have a medical aid plan that is both cheap and appropriate for you and your family.
👉 From the expense of a check-up to that of an emergency appendectomy, medical bills may add up quickly. If anything unforeseen happened to you or your loved ones, you can find yourself in a financial bind if you don’t have the right help.
👉 Here, we take a look at five of the country’s top medical aid plans that cost less than R2000 a month in South Africa.
👉 BestMed is one of the most popular independent medical aid companies in South Africa, with over a million subscribers.
👉 BestMed is committed to maintaining an organisation that is large enough to make a difference in the lives of those they serve, yet small enough to know each individual receiving their assistance by name and quick enough to respond to their feedback in order to better serve you in the present and future.
👉 BestMed operates on the premise that people’s healthcare needs vary based on a variety of demographic factors, such as age, marital status, family size, health status, preferences, and financial means.
👉 BestMed offers three categories of primary medical plans with various coverage and features. Under this umbrella, BestMed offers solutions for hospitalisation coverage ranging from the most fundamental to the most comprehensive.
BestMed Medical Aid Plans are Available Under R2000 per month
👉 Some of the health aid plans offered by BestMed have monthly premiums of less than R2,000. We explore these in further detail below.
👉 BestMed’s network plans offer health care and private hospital coverage at partner service providers. Depending on your specifics, these plans offer substantial discounts on visits to approved healthcare providers and unlimited hospitalisation coverage.
➡️ BestMed network plans are available from R1 307.00 per month
👉 BestMed hospital plans offer unlimited coverage at any of their network hospitals for both planned and unplanned inpatient stays, making them suited for individuals of any age who wish to be prepared for the unexpected.
👉 There is a maximum of three children allowed per hospital plan. Additional children are welcome to become beneficiaries of the Scheme at no additional cost.
➡️ BestMed hospital plans are available from R1 710.00 per month
How Much Are BestMed Medical Aid Monthly Premiums?
👉 At the time of writing, monthly premiums for the cheapest BestMed Beat1 Network Hospital Plan started at R1 710 for a member, with an additional R1 329 for an adult dependant and R720 for a child dependant, to a maximum of 3 child dependants. Additional children join at no additional cost.
👉 The most expensive plan at the time was the Pace4 Comprehensive Plan, with monthly contributions of R9 411 per member and R9 411 per adult dependant. For a child dependant, the extra contribution was R2 205, up to 3 child dependants with additional children added as beneficiaries of the scheme at no extra cost.
What Is the Waiting Period for BestMed Medical Aid’s Benefits?
👉 There can be a general waiting period of three months or a specific waiting period of 12 months for a certain condition.
👉 BestMed Medical Scheme will sometimes only pay a claim if it is a PMB. This can happen if you are in a waiting period or if you are getting treatment for a condition that your plan doesn’t cover.
How to Claim Benefits from BestMed Medical Aid
👉 If your healthcare provider does not submit claims to BestMed, one must submit the original claim directly to the fund administrators.
👉 You can claim by means of the BestMed App, or by scanning and emailing your claim to them.
👉 Details that should appear on all claim documents include:
➡️ Member’s name and contact details
➡️ BestMed membership number
➡️ Patient’s details
➡️ Service provider’s name, contact details and practice number
➡️ Details of treatment, including applicable tariff and ICD-10 codes
➡️ Whether payment should be done to the service provider or the member
👉 You will receive an email confirmation when your claim is received and indexed.
BestMed Medical Aid Contact Details
BestMed Medical Scheme, Glenfield Office Park, 361 Oberon Avenue, Faerie Glen, Pretoria
PO Box 2297
Phone: +27 (0)86 000 2378
Read more about Gap cover under R200 per month
2. Momentum Health
👉 Momentum Medical Scheme is operated by one of South Africa’s largest and most respected providers of healthcare solutions, and it is listed among the country’s top three open medical schemes.
👉 Momentum Health’s key aim is to secure the scheme’s future survival while delivering its members with exceptional value.
👉 When you enrol with Momentum Health Solutions, you’ll have access to a network of doctors and hospitals that provide affordable, high-quality care.
👉 Momentum has partnered with financially-incentivized doctor networks to give care to its members. Members also have access to the Hello Doctor medical advice line, which is available 24/7.
👉 With the support of Momentum’s actuarial services, incentive and reward programmes that encourage members to adopt a healthy lifestyle can be devised and priced.
👉 Momentum’s innovative health coaching technique allows them to give personalised help through its advocacy initiatives, empowering members to make informed healthcare decisions and decreasing expenses.
Momentum Medical Aid Plans are Available Under R2000 per month
👉 Some of the health aid plans offered by Momentum have monthly rates of less than R2,000. We explore these in further detail below.
👉 Consider the Evolve Option if you are comfortable managing your subscriptions remotely from the comfort of your own home or mobile device.
👉 The Evolve plan covers inpatient stays at private hospitals participating in the Evolve Network (no annual maximum) and includes two telehealth visits with licenced medical practitioners.
👉 HealthSaver+ is eligible for supplemental benefits for daily living. Included now is a benefit for sports injuries that pays up to R1,000 annually per beneficiary for two visits to a physiotherapist or biokineticist.
➡️ The Evolve Plan is available at R1 424.00 per month
👉 Custom includes comprehensive hospital and chronic care coverage from Any or Associated providers. To reduce your out-of-pocket expenses, you may select a private institution from a specified list.
➡️ The Custom Plan is available at R1 808.00 per month
👉 The Ingwe Plan provides cheap medical care for newcomers. For medical care, choose from Any hospital, the private Ingwe Network of hospitals, or State hospitals.
👉 This plan is advantageous for students and new workers in South Africa who cannot afford more costly medical aid coverage. Even though this is a basic medical aid plan, hospitalisation, outpatient, and long-term care coverage are included.
➡️ The Ingwe Plan is available at R482.00 per month
How Much Are Momentum Health Monthly Premiums?
👉 Momentum monthly premiums start at R1 539 for the main member on the Evolve Option and go up to R12 345 for the main member on the Summit Option.
What Is the Waiting Period for Momentum Health’s Benefits?
👉 The general waiting period is 3 months, but since pregnancy is considered a pre-existing condition, it is excluded from all benefits for the first 12 months of scheme membership.
How to Claim Momentum Health Benefits
👉 You can submit a claim in several ways:
➡️ Use the Momentum App
➡️ Use the web chat facility in the bottom left corner.
➡️ Send an email to [email protected] or send normal mail to PO Box 2338, Durban, 4000
👉 To make sure your claim is processed quickly and accurately, including the following information:
➡️ Membership number.
➡️ Principal member’s surname, initials, and first name.
➡️ Patient’s surname, initials, and first name.
➡️ Date of treatment.
➡️ Amount charged.
➡️ ICD–10 code (code to indicate what condition you’ve been diagnosed with), tariff code (product-specific code for procedures and claims), and NAPPI code (a unique identifier for a given ethical, surgical, or consumable product).
➡️ Service provider’s name and practice number.
➡️ Proof of payment if you’ve paid the claim out of your own pocket.
Momentum Health Contact Details
201 Umhlanga Ridge Blvd
PO Box 2338
Read more about the Best Prepaid Medical Aid in South Africa
3. Discovery Medical Aid
👉 As of December 31, 2019, Discovery Health Medical Scheme (DHMS) had covered 2,808,106 beneficiaries, making it the largest open medical scheme in South Africa, as reported in the Council for Medical Schemes Quarterly Report for the period ending 30 June 2019.
👉 Discovery is based on the Medical Schemes Act 131 of 1998, as amended, and the Council for Medical Schemes, a non-profit organisation. The System is an open healthcare programme, meaning that anyone who fits the qualifications can enrol.
👉 The Scheme’s main aim is to serve its members, and this reality informs all of its decisions. Discovery uses ideas of social solidarity to find a middle ground between individual members’ needs and the needs of the Scheme as a whole.
👉 Discovery Health Medical Scheme (DHMS or the Scheme) in South Africa collects donations from members and administers these funds according to social solidarity principles rather than for profit in order to provide healthcare for its members.
Discovery Medical Aid Plans are Available Under R2000
👉 Discovery provides its customers with a variety of healthcare plans to choose from, some of which have monthly premiums of less than R2,000.
👉 Hospital networks affiliated with KeyCare offer comprehensive, no-limit health medical aid. Specialists in the KeyCare network’s hospitalisation charges are always covered in full, and costs for all other doctors and hospitals are reimbursed at up to 100% of the Discovery Health Rate (DHR).
👉 Care for expectant mothers and newborns, both during and after delivery, is also part of the aid package.
👉 Both KeyCare Plus and KeyCare Start provide unlimited visits to your primary care physician, as well as coverage for lab work, X-rays, and medications if received from a participating pharmacy in the KeyCare network.
👉 When a patient sees a participating doctor for chronic medicine from KeyCare’s medicine list, KeyCare covers 100% of the costs associated with the illnesses on the Chronic Disease List (DSP). The policy you choose will determine the circumstances under which you are insured.
➡️ The KeyCare plan is available at R930.00 per month
👉 All in-hospital expenses, up to 200% of the DHR on Classic and up to 100% of the DHR on Essential are covered by the Smart Series, including those incurred by specialists with whom Discovery has a negotiated payment arrangement.
👉 MedXpress or a MedXpress Network Pharmacy will cover 100% of the cost of any prescription medication for a chronic condition that is included on Discovery’s Chronic Disease List.
👉 All prenatal and postoperative treatment, as well as care for mothers, newborns, and young children, are covered.
👉 Regularly covered expenses include visits to the primary care physician, OTC medication, vision and dental care, and sports-related injuries, subject to any applicable deductibles, co-pays, or other caps. The level of coverage you receive depends on the policy you purchase.
👉 A medical emergency overseas is also covered.
➡️ The Smart Series plan is available at R1 450.00 per month
👉 The Core Series pays up to 100% of the Discovery Health Rate (DHR) on the Classic plan and up to 100% of the DHR on the Essential plan and the Coastal plan for services rendered by doctors and hospitals with which Discovery has a contracted rate for payment.
👉 All medicines for Chronic Diseases, for however long they may be needed, are covered by the plan. Any limitations associated with using MedXpress or a MedXpress network pharmacy are also noted.
👉 Care during pregnancy, delivery, and the first few years of a child’s life is covered in full, as is a medical evacuation in the event of an emergency overseas.
➡️ The Core Series is available at R1 923.00 per month
How Much Are Discovery Medical Aid Monthly Premiums?
👉 Monthly premiums start from R930 per member for the KeyCare Series with medical cover for both in-hospital and out-of-hospital treatment by providers in a specified network and go up to R8 298 per member for the Executive Plan with extensive cover for in-hospital and day-to-day benefits, extended chronic medicine cover, and unlimited Above Threshold Benefit.
What Is the Waiting Period for Discovery Medical Aid’s Benefits?
👉 Discovery Health Medical Scheme’s general waiting period is 3 consecutive months and the condition-specific waiting period is 12 consecutive months.
How to Claim for Discovery Medical Aid Benefits
👉 You can submit a claim fast and easily in the following ways:
➡️ Scan and upload your claims on the website.
➡️ Scan and email your claims to [email protected].
➡️ Use the Discovery app on your smartphone. If the claim has a QR code, scan the QR code or alternatively take a photo of the claim from within the app.
➡️ You can also submit your claims by post.
Discovery Medical Aid Contact Details
PO Box 784262,
Phone: 0860 99 88 77
Read more about Discovery Health Saver Series
👉 Hospitalization, long-term care and pharmaceutical coverage are all included in Bonitas’ range of reasonably priced medical assistance programmes. This medical aid provider is terrific for young professionals and families.
👉 Established in 1982, Bonitas has rapidly expanded to become South Africa’s second-largest health insurer. In 2014, 649,032 young South Africans benefited from it. This includes employees of large companies like Nestlé, BHP Billiton, and Eskom. The company Bonitas has an international credit rating of AA- and a solvency ratio of 30.7%.
👉 A typical Bonitas beneficiary is under the age of 30, meaning that the average age of a Bonitas member and the size of their annual contribution increases are both lower.
👉 The 4,500 doctors contracted by Bonitas provide high-quality care at set prices that are affordable for insureds.
👉 Bonitas has two distinct programs—Oncology Management and Hospital & Medicine Management—to assist its members and control rising healthcare costs.
👉 Protection for dental and vision care, including Lasik eye surgery, is available in several Bonita’s plans.
👉 All of a member’s unused funds at the end of the year are carried over to the following year, where they collect interest.
Bonitas Medical Aid Plans are Available Under R2000
👉 Bonitas offers a wide range of options for members’ medical coverage, including some plans that cost less than R2,000 per month.
👉 This revolutionary plan from Bonitas is unmistakably the product of cutting-edge research, thoughtful deliberation, and originality. You have access to a private hospital network and other benefits such as unlimited doctor’s visits, virtual care layers, dental and vision tests, and more on a daily basis.
👉 If you’re single and living in a major city and want to make it in today’s competitive job market, you might want to look into the BonStart initiative.
👉 For young, urban professionals looking to start a family, the BonStart Plus plan is a great option.
➡️ The BonStart Plan is available at R1 338.00 per month
➡️ The BonStart Plus Plan is available at R1 670.00 per month
How Much Are Bonitas Medical Aid Monthly Premiums?
👉 Bonitas monthly contributions start at R 2 033 for a Principal Member, R 1 555 for a spouse/adult dependant and R 596 per child (max 3) on the BonEssential Hospital Plan and go up to R 8 217 for a main member, R7 749 for additional adult, and R 1 672 for a child for the BonComprehensive plan that offers abundant savings, an above threshold benefit and extensive hospital cover.
What Is the Waiting Period for Bonitas Medical Aid Benefits?
👉 The minimum general waiting period for Bonitas medical aid is three months for all benefits. Some plans, however, have a waiting period of 12 months, especially regarding a pre-existing condition.
How to Claim for Breast Reduction Benefits from Bonitas
👉 You can send in your claim in the following ways:
➡️ Email your claims to [email protected].
➡️ Post your claims to Bonitas Claims Department, PO Box 74, Vereeniging, 1930.
➡️ Submit your claims in person at one of the walk-in centres.
👉 Follow these simple steps to get your claims paid quickly:
➡️ Ensure your banking details are correct for refunds by electronic transfer (EFT) into your bank account
➡️ Make sure that your account and receipt show your name and initials, membership number, treatment date, the name of the patient as shown on your membership card, the amount charged and the ICD-10 code.
Bonitas Contact Details
34 Melrose Blvd, Birnam
Phone for General Queries: 0860002108
Email: [email protected]
Email: [email protected]
Read more about Bonitas vs. Medimed
👉 Fedhealth was established in 1936 to serve the medical requirements of the South African population. Over the years, many things have changed, but not their commitment to providing affordable, high-quality medical care to their customers.
👉 Since Fedhealth is still a cooperative run by and for its members, it is constantly on the lookout for innovative methods to meet the ever-changing healthcare requirements of its customers.
👉 Fedhealth puts an emphasis on customization so that you, the member, have input into your healthcare plan. Fedhealth is a membership organisation, thus it is dedicated to meeting the requirements of its constituents.
👉 The Scheme’s robust financial position has allowed it to maintain an AA- Global Credit Rating for the past 14 years and to set aside more than the required 25% reserve for the benefit of its members in the event of a financial emergency.
👉 Fedhealth is well-known for its standard benefits as well as its innovative Risk-based rewards, which make the standard benefits go even further for members.
👉 There are no limits on the number of visits to a doctor within the network, and you can get a free upgrade at any time of year within 30 days of a major life change.
Fedhealth Medical Aid Plans Available at Under R2000
👉 Fedhealth provides a number of comprehensive and affordable medical aid plans that are available under R2000, which provide members with a variety of different options to suit their diverse medical needs.
👉 With myFED, low-income, previously uninsured workers can get affordable (salary-banded) medical aid coverage so that they can keep caring for their families.
👉 If you’re the sole or primary breadwinner in your family and you work in the blue-collar sector, prioritising your health is more important than ever.
➡️ myFED is available at R1 275.00
👉 Use the Threshold Benefit, which is activated whenever your claims exceed a specific threshold, and the Fedhealth Savings made possible by the MediVault to help pay for everyday medical expenses that may arise unexpectedly. You can’t do better than this hospital plan if you’re young and healthy.
➡️ flexiFED 1 is available at R1 583.00
👉 You are probably in your early twenties, healthy, and technologically aware, and you have just started your first professional job. Your future does not include major operations on your hips or knees.
👉 flexiFED Savvy is one of the most cost-effective hospital plans available, and it can also be used as a supercharged savings plan or a supercharged flexible savings plan, making it a great choice for individuals and businesses that want to offer their employees high-quality, yet reasonably priced, medical coverage.
👉 It’s basically a daily backup answer to your daily hospital plan, and it’s tailored to your specific demands and budget.
➡️ flexiFED Savvy is available at R945.00 per month
How Much Are Fedhealth Medical Scheme Monthly Premiums?
👉 The monthly premiums for the salary-banded myFED option is from R 1 275 per month for the main member. The maxima PLUS extensive medical cover will cost 13 122 per month per the main member.
What Is the Waiting Period for Fedhealth Benefits?
👉 The general waiting period for Fedhealth benefits is usually three months, depending on the medical aid scheme you join. The waiting period for pre-existing conditions is 12 months.
How to Claim Benefits from Fedhealth Medical Scheme
👉 Members can submit claims using one of the following:
➡️ On the Fedhealth Family Room,
➡️ Through a WhatsApp service
➡️ On the Fedhealth Member Phone App
➡️ You may also email, fax or post the claims to email: [email protected], fax: (011) 671 3842 or post to Private Bag X3045, Randburg, 2125.
Fedhealth Medical Scheme Contact Details
Flora Centre Shop 21 and 22
Corner Conrad street and Ontdekkers Rd
Phone: 0861 116 016
READ more about 5 Best Hospital Plans for Children in South Africa revealed.
Frequently Asked Questions
Are there medical aid plans in South Africa that costs less than R2000 per month?
Yes, although medical aid plans under R2000 in South Africa typically give just basic benefits and limited coverage, they can still be a good option for people on a tight budget.
Can you get medical aid under R2000 without a job?
It is possible to obtain medical aid under R2000 without a job, but it is challenging because most medical aid plans demand a consistent income to qualify. Some medical aid providers may provide plans for unemployed or low-income individuals, but these plans may have restricted benefits and may need you to fulfill specific qualifying conditions, such as being enrolled in a government healthcare program or having a certain level of savings.
What services can I expect from a medical aid under R2000?
In South Africa, medical aid plans that cost less than R2000 often offer fundamental healthcare services such as general practitioner consultations, prescription medicines, basic dental and optometrist treatments, and basic hospitalization benefits. The scope of services covered, however, may vary depending on the specific plan and medical aid provider. Expensive therapies and specialist consultations may be partially covered or need co-payments. It is critical to properly examine the plan’s specifications in order to understand the covered services as well as any exclusions or limitations that may apply.
What factors should I consider when choosing a medical aid plan under R2000 in South Africa?
To choose an acceptable medical aid plan for less than R2000 in South Africa, consider the offered benefits, the network of healthcare providers, the limitations and exclusions, co-payments and deductibles, and the reputation of the medical aid provider. Furthermore, it is critical to examine your own healthcare demands and budget to ensure that the plan meets your specific needs.
How do I qualify for medical aid under R2000?
To be eligible for a medical aid under R2000 you must generally meet the qualifying conditions as set out by the medical aid provider. You will normally need to: Have a South African passport or permanent residency in South Africa. Have a consistent income that meets the plan’s minimum income criterion. Pass the provider’s medical underwriting process, which may require you to disclose any pre-existing medical issues or to undertake a medical examination. Be within the plan’s age restrictions set by the provider. Pay your monthly fees on time and in full.