Health Insurance

Choice Magazine analysed 215 hospital policies on their policy conditions, restrictions and benefits and selected the Best Buys.

Their Best Buys can save your family between $520 and $740 a year, depending on the level of cover and the excess/co-payment you choose.
The government has proposed a policy change which would allow more people to drop their private hospital insurance without being penalised for extra tax.

Compared with similar policies, their Best Buys can save your family, on average, each year:

$740 on a full cover hospital policy without an excess.
$820 for full cover or cover that’s limited for a time with up to $500 annual excess.
$970 for full cover or cover that’s limited for a time with up to $1000 excess.
$520 for cover restricted to cover in a public hospital as a private patient, with up to $1000 excess.

Funds included
AHM
Australian Unity
GMHBA
HBA
HBF
HCF
Health Partners
Latrobe
Manchester Unity
MBF
Medibank Private
Mutual Community
NIB
NRMA
Peoplecare
SGIC
SGIO
St Lukes (see page 3 for contact details)

Choice picked five categories of Best Buys to give you a choice of different levels of cover and excess/co-payment.

Go to Health Insurance 1, 2,  3,  4,  5,  6,  7,  8,  9, 10