Get the best private health insurance for your family
In Australia, Medicare provides comprehensive health care coverage for citizens and most permanent residents. Medicare coverage is not without its limitations however. To provide your family adequate and flexible health care coverage, a private health cover may be recommended.
Choosing the right private health cover for your family should not be hard. Useful information is always readily available online for your examination. The real challenge is how to make sense of this information to find the perfect private health cover that suits your family’s needs.
This article discusses the things you should consider before committing your family to a private health insurance policy.
Get a Fitbit Charge 3 when you join any GMHBA combined cover with AIA Vitality*
*Offer ends 20th January 2019. For new members on direct debit. Must pay first month to receive Fitbit Charge 3. Fitbit will be issued within 30 business days upon receipt of first payment and sent to the postal address at time of join. If the cover is cancelled within 60 days of joining, the Fitbit value will be deducted from any applicable refund. Not available with any other offer.
Premium Family Package
Premium Family Package
* The price shown is per week and applies to a Family living in VIC with a $500 excess. It excludes LHC loading and includes a Base Tier Government Rebate
What you need to remember is to tailor insurance policy components to fit your family’s needs. Different families have different health care needs. Your health insurance coverage should therefore match these specific needs. What is your family like and what are your plans for your family? The answer will help you decide which insurance components would be useful for you.
Couples who are planning to have children would need pregnancy coverage well in advance to cover the waiting period imposed by insurance funds. Couples who do not have children or have no plans to have children will have no use for such coverage in their health insurance policies.
Some health insurance components like dental coverage might be important for young families. Children often need dental services like braces. Other components like hip replacement surgery coverage might not be significant for young couples who are only in their twenties. Families who are into sports might need more components in their private health insurance policies than families who mostly remain at home.
The best private health coverage for you also depends on the nature of your dependants. Find out from insurance funds what their rules on dependant coverage are before committing to one.
Your doctor could also greatly help you in choosing the best private health insurance policy. Knowing your family history of health risks and illnesses would help you adjust your insurance components to fit your family’s needs.
Call your preferred hospital to inquire about their agreements with private health insurance funds. Check which funds provide coverage for the services that you might need from your hospital of choice. Know the restrictions of each health insurance policy to find out which works best for you. Some funds for example limit you to being treated as a private patient in a public hospital.