You’ve no doubt been told that taking out private health insurance in Australia is a good idea, but that doesn’t mean you’re so eager to start dishing out those pricey premiums. If you’re on the fence about whether private health insurance is for you, we explain the key things you need to know.
Apart from having hospital coverage if the worst happened, you might be surprised to learn that there are several other reasons to take out private health insurance that you might not have considered. For instance, if you’re travelling or staying in a foreign country for a longer period of time, you’ll probably need an insurance plan that covers medical evacuation, whereas government-run health insurance programs cover accidents and injuries on a general level.
Read on to find out what the top 5 benefits of health insurance could mean for you.
#1 – Multiple Choice
With private health insurance, there are no shortage of plans to choose from, with countless offers available from different companies designed to suit different people’s needs. However if we compare private health insurance with government-run insurance, the latter mostly involves one or two plans, which are sometimes quite limited.
For example, in most cases ambulance cover isn’t included in a government-run insurance plan, meaning that you’ll have to pay additional money for this cover, if you think it’s necessary. To untangle the complexity, Compare Health Insurance allows for price and quality comparison, so you can review your policy options, and if you’re not sure, you can get advice from an expert in the insurance field.
#2 – Shorter Waiting Lists
In most cases, hospitals are overcrowded and you have to wait for your turn. If you have private health insurance however, you’ll generally receive your treatment faster, and the hospital is more likely to speed up the process of making elective surgery available for you as soon as possible.
The benefits of shorter waiting lists are obvious: you get to focus more on the recovery process, decrease the amount of time wasted and inconveniences experienced, and conserve energy.
#3 – Private Hospital Rooms
Instead of sharing your room with up to four, five or six people, with private health insurance you get easier access to private rooms. As well as the privacy and added conveniences of being treated in a private room, it will give you some quality alone time which will help you manage the recovery a lot better. Private rooms are also great options for pregnant women who, above all, need their peace and quiet, and want to make sure that their partner is there to support them.
#4 – Extras
Generally speaking, dental care isn’t covered by public health insurance, not even for basic treatments such as check-ups, scaling and cleaning. However, private health insurance covers dental care, physiotherapy, optical care and often even more services, which are important for people who need these as part of daily life.
#5 – Select Your Doctor
Another benefit of private health insurance is that it enables you to choose a surgeon or doctor of your choice. Instead of ending up with any doctor who happens to be on duty, you pick out a doctor who you believe can do a the best job and who you trust. Of course, their availability plays a major factor in timing any operation as many doctors are booked out well in advance.
In summary, when presented with so many options relating to private health insurance, it’s not always easy to make a decision, especially when your life is at stake. If relying on the public healthcare system doesn’t give you the level of comfort you need, then it might be time to start looking at different private insurance plans.