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Health Insurance Waiting Period Estimator

Jonathan December 17th, 2014 0 comments


Health Insurance Waiting Period Estimator

You will have to serve a waiting period when you start a new private health insurance policy or increase your level of cover. A waiting period protects members of the fund by ensuring that individuals aren't able to make a large claim shortly after joining and then cancelling their membership. This kind of behaviour would result in increased premiums for all members.

Use this calculator to choose a hypothetical date in the future (or leave it on the default setting, which is today's date) to determine when you will be covered for various types of coverage.

Most health insurance funds will apply the following waiting periods to new members taking out a hospital cover product:

(These are the maximum waiting periods allowed by law for hospital cover.) These waiting periods also apply to any additional benefits on your new product if you transfer to a higher level of hospital cover, with your existing fund or with a different fund.

Note: If you are moving to the same or a lower level of cover, you will NOT have to re-sit waiting periods.

Some funds also apply Benefit Limitation Periods for some types of treatment on some of their hospital covers.

Months Standard Waiting Period
0
  • Accidents
  • Ambulance
2
  • Chiropractic/Osteopathic
  • Alternate/Natural Therapies
  • Dietetics
  • Eye Therapy
  • Hospital Treatment
  • Occupational Therapy
  • Pharmaceutical Perscriptions
  • Physiotherapy
  • Podiatry
  • Speech Therapy
  • General Dental
6
  • Optical
12
  • Orthotics
  • Major Dental
  • Pre-Existing Conditions
  • Pregnancy Related Services

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