Private health insurance for families

What is the best private health insurance for a family?

With any type of private health insurance when it comes to choosing the best cover, you need to consider your lifestyle and what matters most to you. Family cover that doesn’t charge excess or co-payments for children is a great place to start.

As a young family you’re focused on making sure they’re growing and developing as best they can. With little family members, consider looking for extras that give you money back on common childhood health obstacles, such as orthodontics or speech pathology.

If you spend most of your weeknights and weekends at sports training and games, you should look for cover that will support your active family and keep them on the court. Ensure you’re covered for niggling sports injuries and accidents on the field with extras such as emergency ambulance and physiotherapy.

If they’ve outgrown the nest but they still need your support, extended coverage is something to look out for. Most health insurance providers will cover for children under a family policy until the age of 21. If your child turns 21 and is studying full time they can register as a student dependent and remain on your policy till the age of 25, as long as they’re studying. For more information on dependents read this.

How much is family private health insurance?

The cost of private health insurance for a family depends on the level and type of cover you want for your family.

Whether you’re a family of 2 or 5, the amount you pay won’t change. The cost is determined by the level of cover and extras you choose. You can expect to pay a lot less for a basic level of hospital cover without extras, versus a premium level of hospital cover with top extras.

If you’re looking for specific inclusions, such as pregnancy, they may only be found on certain levels of cover which will influence your decision and the amount you pay.

At GMHBA, we will include children under 21 on your cover at no additional cost and will continue to cover them until the age of 25 if they meet student dependent requirements.

Is private health insurance worth it for my family?

Private health insurance is a valuable investment for any family. It means peace of mind for the health and wellbeing of your brood and can minimise the worry that comes with unexpected mishaps and trips to hospital.

Hospital cover gives you a choice of health provider and reduces wait times for treatment so you can give the whole family the best care possible right when they need it. And with extras cover you know you can maintain their dental and eye health as they grow.

With more money back in your pocket, you can invest those savings back into your family and put it towards the things that matter most.