Consumers rushing to switch health cover before 1 July
End of financial year deals on health insurance could save you money all year long.
June is a smart time to switch health funds. As the financial year draws to a close, insurers are looking for ways to attract new members, which means great deals are on the table. Secure a better price now and reap the financial benefits for the rest of the year.
If you haven’t compared health insurance lately, you may be surprised to learn that you’re paying too much for your policy. Start the new financial year off right with affordable health cover that gives you value for money and peace of mind.
Here’s How You Do It:
Step 1: Select your current life stage below.
Step 2: Once you select your preferred coverage options, you will have the opportunity to compare quotes from multiple health funds.
Request a claims statement from your current fund to see how much you’ve claimed over the past year. It’s a great starting point and it can also serve as a reality check; many Aussies discover that they’re paying for extras that they don’t need.
What’s more, if you’ve only got extras cover, you’re not doing yourself any favors when tax time rolls around. In order to avoid the Lifetime Health Cover loading and the Medicare Levy Surcharge, you’ll need to hold hospital cover by 1 July.
To find a better deal on health cover that suits you, visit HealthInsuranceComparison.com.au to compare policies from brand-name insurers. You’ll get a personalised quote so you can quickly see how much you could save by switching.
Keep in mind that your new insurer should recognise any waiting periods already served on equal or lesser levels of hospital cover. Portability rules are in place to protect consumers, so you’re free to take advantage of a better price.
There are a surprising number of ways to lower the cost of your health cover, like cutting out features you don’t need or adjusting your excess amount. Health insurance can also lead to tax breaks, so talk to a consultant at HealthInsuranceComparison.com.au to make sure you’re getting the most for your money. When you’ve decided on a policy, your consultant will help you make the switch.
In the past, switching health insurers was complicated, but that’s not the case anymore. You can apply online or over the phone, and most of the paperwork will be managed by an expert on your behalf. Saving money on health cover truly is easier than it ever has been.
Act now and you could lock in a great deal on health insurance for you and your family before the end of the financial year.
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.