bridie

....is it worth having private health cover anymore?

http://www.skynews.com.au/news/article.aspx?id=273013

moneypenny20

It wasn't worth it for us anyway but it's good news for lots of folk.

ABCDiamond

If you are a family of 5 or 6, then it is worth it, as they pay the same premiums as a couple, but get much more benefits.

Many singles, and younger couples will drop out, leaving the burden of those that are claiming more to be paid by themselves in the premium increases that are expected to happen soon.

That in turn will make more people drop out, causing even further premium rises.

I can only see it stabilising if they calculate premiums according to family numbers, and spread the cost evenly, thereby bring the cost down for those who rarely claim.

I don't have insurance myself, but I spent the premiums on buying a spare house. I'll sell it if I need to.

E3only

Pvt Health Insurance is always a subjective matter!

You don't feel it to be necessary unless when you have to use it.... My friend's wife got hospitalised and was in the hospital for 5 weeks. He had top level cover so...if not he would be looking at thousands of dollars.

I reckon it's must to have some cover depending on what you want. Like I have basic cover + extra for detal which is sufficient for me.

Just my thought....

comet555

I had planned on dumping it when I heard about the news. However since then my husbands got a promotion/raise at work so we're still stuck with private health care whether we want it or not.

I will admit that I absolutely hate paying it but it could come in handy some day.......

E3only

Same can be said about anything :

1. Comprehensive insurance
2. Contents insurance
3. Life insurance.

I suppose it';s just that the health insurance get's a tad expensive and so we tend to feel it more. In America it's even worse!

bridie

True I suppose....
What to do, what to do......
Needs some thought I think

Petals

Not worth it for us and we have had a lot to do with the system as my daughter has two chronic illnesses and she has always had the best of care in fact we all have.