Got extras cover as part of your health insurance? It’s worth reviewing your policy before your annual extras limits reset, as many Australians are on the wrong policy and can either cut their costs or get better value for money when they claim at the dentist or physio.
Five well-known health funds, including ahm and Defence Health, reset their extras on 1 July, making it the perfect time to see if you can save money or get a fund that could give you 80% or more back on your most commonly-used extras.
What does this mean? Well, if you went over your annual limits or didn’t even come close to them then, then you could be on the wrong policy.
Members who exceeded their extras limits before the 2021 reset date might want to consider a higher level of cover that helps cut their out-of-pocket expenses and gives them more back at the dentist or physio.
But anybody who didn’t hit their annual limit might consider downgrading to a cheaper policy to save money on the monthly premiums.
Finding good value is also about how much your health fund pays back in benefits.
For example, if you spend around $250 per year on glasses, but your health fund only covers $150 per year, you’re leaving $100 on the table.
How do I save on health insurance?
Getting a good deal on your health insurance isn’t hard. And Health Insurance Comparison makes it even easier.
You can compare a range of extras packages in a matter of minutes and our specialists know all the tricks of the trade, so we’ll always try to squeeze that last little bit of value out of your policy.
People who compared and switched health insurers with us in 2020 saved an average of $312*.
So if your health fund is one of the five who resets their extras at the end of the financial year, take a few minutes to see how they stack up against the insurers on our panel.
You could be hundreds of dollars better off.
Get Started Now:
Step 1: Select your state below .
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.
*Based on 25,311 customers in 2020.