Private health insurance gives you the ability to gain control of your health. It gives you the freedom to receive treatment from your chosen doctor, skip the lengthy waiting list and enjoy various benefits.
There are many reasons getting health insurance is important in protecting the most valuable asset in your life – your health. Here are just a few of the top reasons people opt for private health insurance:
Peace of mind
Choosing the right cover can give you the peace of mind that your health is in good hand should the unexpected eventuate. Depending on your level of health cover, you’ll be able to engage the medical services in a range of modalities from hospital to physio. This not only means you’re looking after your health, but also means you won’t run into financial trouble because of high medical costs. Additionally, you may be able to choose your own doctor and where you are to be treated.
Skip the waiting lists
Public hospital waiting lists at currently at a record high. While it might not seem too bad now, when you’re waiting uncomfortably for a hip operation or knee surgery, you may be wishing you had considered private health cover sooner. Typically, private patients will have much shorter waiting periods when it comes to elective surgery. This includes all operations that are not deemed to be an emergency.
Access to a variety of services
One of the big bonus’ of having private health insurance is the variety of services you have access to that aren’t covered by Medicare. This means you can take charge of your health through preventative services like naturopathy, dental, remedial massage or chrio. Wouldn’t it be nice to get a massage every few weeks to get out the kinks and knots? This of course depends on your level of cover which is why a health insurance comparison is important before you commit to a policy.
Increased comfort factor
If you’re cooped up in hospital recovering from an illness or operation, you want to enjoy a few extra comforts to fight boredom and to make your stay at little more pleasurable. Depending on where you’re receiving treatment, you may be offered luxuries like your own room, private bathroom or a TV that works. Sure, it’s not going to feel like you’re on holiday staying in a five-star resort, but it will make a difference!
There are several financial benefits in place to encourage more people to take our private health insurance and elevate the pressure on the public system. If you’re earning over the taxable income set by the Government, you can save on paying the additional surcharge of 1-1.5% Medicare Levy Surcharge by taking out a basic hospital cover.
Also, if you become a private health insurance member before 1st July following your 31st birthday, you’ll dodge the 2% loading on top of your premium per year for every year you don’t have cover over 30. That means if you take out cover when you’re 45 years old, you may pay 30% more than someone who got health insurance before they turned 30.