Excess

GMHBA’s range of hospital covers often feature an excess to let GMHBA members share some of the cost of hospital admissions in return for lower premiums. The excess is calendar year based.

A hospital cover excess is deducted from the benefit paid by GMHBA. For example, if GMHBA’s full benefit for a hospital stay was $5,000 and the member has a $250 excess on their hospital cover, the benefit would reduce by the amount of the excess and an adjusted benefit of $4,750 would be paid.

Where one member on a couples, family or single parent excess cover is admitted to hospital they will only pay a maximum amount per person as opposed to the maximum amount per membership. This is usually half the maximum annual excess per policy.

No excess applies for child dependants under 21 on GMHBA’s Gold Hospital cover.

Excess levels on GMHBA's Hospital covers

There are three different excess levels available:

Excess Single Couples & Families
Level 0 Nil Nil
Level 1 $250 $500
Level 2 $500 $1,000

Our online quote system includes the excess levels so that you can see the differences in price for each level.