Is It Worth Having Private Health Insurance?
Private health insurance is about much more than merely covering costly bills. Here are the top reasons why enrolling in different private health insurance is such a good idea.
More Control Over Your Health Care
With private health insurance, you can select your own doctor and hospital from those who participate with your fund without having to worry about astronomical costs.
If you have a severe medical condition, it can be extremely reassuring to know that you are getting the very best care in a great facility. And most individuals love the option of being able to have a private room in the hospital – which is something that private health insurance is much more likely to provide.
No Waiting in Queues for Treatment
When it comes to your health, you don’t require waiting for months to fix something. Yet on the public system, there can be lengthy waiting lists – especially for elective surgeries.
Yes, the public system offers excellent care in emergencies. But if your condition isn’t life-threatening, then you may require to resign yourself to a few months – or longer – of discomfort while you wait for your name to reach the top of the list.
More Money Back on Other Health Services
Private health insurance can offer you an excellent bang for your buck if you take out an extras policy. Depending on the type of plan, you could get money back whenever you visit the dentist, physician, chiro, and more. So, if you’re proactive about your health and view these kinds of preventative treatments as a priority, then you’ll be glad you’ve got a private health insurance policy behind you.
Pay Less Tax
Most people are financially better off by taking out health insurance. With hospital cover, you can dodge the Medicare Levy Surcharge if you earn more than $90,000. For some individuals, basic hospital cover could be cheaper than paying the surcharge. In addition, if you take out private health insurance before you turn 31, you can avoid paying the Lifetime Health Cover loading.
Enjoy Greater Peace of Mind
There is one thing that you cannot put a price on. And that is peace of mind. The level of private health insurance provides you with the peace of mind that you and your family are covered, no matter what’s around the corner.
Enrolling in private health insurance can seem like a big step. If you require some more guidance, you can contact us for expert advice.
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