Beginers Guide to Health Insurance

What Price For Your Health?

What Price For Your Health?

The premium is based on the age you join. So if you join at 35 you have a 10 per cent loading which you retain for the length of your cover.

Ricki Smith, Manager Corporate Relations with HBF says there are a number of benefits that private health insurance brings.

This includes choice of doctor, choice of hospital and location and timeliness.

"You can go to hospital when you want to and avoid waiting," she says.

"Some people think it is expensive and don't realize there is so much choice. There are so many options it does become quite cheap."

Additional options often include hospital room rates, dental, optical and physiotherapy benefits.

If you're in a higher salary bracket, for example earning over $50,000 a year as a single or over $100,000 as a family, there is also a penalty if you don't have private health insurance.

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