Private Health Insurance Cheat Sheet – 3 Quick Tips

Avoid rookie errors and find the best cover the first time from the start

You’ve probably heard something along the lines of “health insurance is complicated”, but it doesn’t need to be, you just need to focus on the stuff that matters to you.
While there’s definitely important information you need at your fingertips before you take out cover, it’s not as complex or scary as it sounds.

To avoid any rookie errors and ensure you get the right level of cover for you, we’ve put together a quick cheat sheet for choosing your new policy. Here are 5 tips to get you on your way.

1. Types of health insurance

There are 3 types of cover to choose from: hospital cover, extras cover, or a policy that combines both, usually called ‘hospital and extras’.

If you’re admitted in hospital, the hospital cover can help you pay the cost of your stay as a private patient. This includes payments for your accommodation, theatre fees and medical treatment you receive as an in-patient.

Extras cover (sometimes called ‘ancillary cover’ or ‘general treatment cover’) will provide you a range of benefits for services outside hospital, such as dental, physio, chiro and optical. You’ll find that these services are generally not covered by Medicare Benefits.

Combined cover is simply a policy that includes both hospital and extras cover. Sometimes your funds will offer “packages” while others will allow you to mix and match your hospital and extras.

2. You get what you pay for

The best trick to save money and unnecessary stress is to understand what you need from your health insurance now and in the future, then find a cover that meets those needs. When you’re starting out, many people ask their older and more experienced friends and family for advice, but really you want to be speaking to an independent customer service professional who understands the facts and figures.

The classic rookie error is when people automatically assume their parents’ health fund and cover is right for them. Nowadays, there are great comparison services out there, whose sole purpose is to help you find the best value solution for you from hundreds of policies across multiple funds.

3. Come prepared and think about your needs before price

Chances are if you’re reading this, you found it by doing your own research and not just believing a headline or ad. Once you’ve decided what you need from your health insurance, you then need to really understand how to get the best value and whether you’re taking out health insurance for the right reasons.

We live in a world where the internet is a brilliant place to research, but what makes Compare Health Insurance Online unique is that we not only provide a great online comparison tool, we also have a great reputation for helping people over the phone.

The best way to ensure you’re getting the best combination of price and benefits is to compare policies and shop around. To save valuable time, you can use our online comparison service to do most of the work for you.

Or give us a call on 1300 73 96 92, and we’ll find the best health cover for you from our panel of health funds.

How our service works

Enter a few details
1. Enter a few details

We’ll ask you some questions to better understand your needs and find cover that’s right for you.

Get An Expert Policy Comparison
2. Get An Expert Policy Comparison

Review your policy options and get a personalised quote with a health insurance expert.

Apply Online from your Quote or over the phone
3. Apply Online from your Quote or over the phone

When you’ve found the policy that’s right for you, apply online or give us a call and we’ll set up everything for you.

How we rate 5/5
heart rate
Very helpful

The person I spoke to was very helpful and not at all pushy. We ended up saving $1400 per year on family hospital cover.

Sarah HC
How we rate 5/5
heart rate
Great service & saved some money

I came across this service from a Facebook post and thought I had nothing to lose. And indeed I had everything to gain! Liz was most helpful - she did the hard yards in comparing my current cover with other funds in the market, and I ended up changing from our current provider with whom we'd been for over 30 years to another fund, providing high level benefits for a lower monthly premium. It was a seamless process with Liz making all the arrangements.

Margaret Blade
How we rate 5/5
heart rate
Fantastic customer service

Precise and very informative. Approach was very polite and friendly with a low key, non pushy style mixed with good humor, definitely very user friendly with sincere approach to needs of consumer and finally with an added bonus of excellent product knowledge. Thanks Tia.

How we rate 5/5
heart rate
I have only just joined

I have only just joined, but the advice and help I was given in finding the right policy for me was exceptional.

John McKay
5/5 heart rate
Tia’s service was great

She listened to everything I needed and I was able to save over $1,000 for the year on my health insurance. Thank you so much Tia :) Sarah, Greater Melbourne

Compare Now