Why insure?

What does private health insurance cover you for, and do you even need it?

Why have private health insurance?

This might seem like an unusual question for a health fund to ask but we want to make sure you get what you need, and need what you get. People fall into one of three categories when it comes to private health insurance:

  1. wouldn’t be caught without it
  2. can’t see the point of it
  3. think it seems like a good thing to have, but not completely convinced.

The reason we can be comfortable not having private health insurance in Australia is because we have a very good public health system, and as Australian residents we get to use as much of it as we need. We pay for access to the public system through our income taxes, which can make it seem like we are getting our healthcare for "free", because we often don't have to pay anything on the spot when we use it. It's a very, very good system, but it does have its limitations. For example, as a public patient you may be limited in your choice of when you can be treated, where and by whom. Plus there are a range of healthcare services that private cover can help you pay for that aren't provided by the public system.