5 Tips to SAVE on Private Health Insurance in Australia
So you’ve decided that you need private health insurance in Australia and are wanting to keep the cost of premiums as low as possible?
In this video I am going to show the 5 best tips to reduce my gold level hospital private health insurance premiums by 44% off the standard price for all members under the existing rules. These methods are simple, available to most people and take only a short phone call to setup.
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If you want to learn how I have kept my insurance premiums at almost half of the average health fund member then stick around and I will show you how I did it.
Chapters
0:00 Introduction
0:53 Tip #1
1:43 Tip #2
4:06 Tip #3
5:51 Tip #4
6:39 Tip #5
7:49 Bonus
DISCLAIMER: it is important to note here that the information in this video is for general information and entertainment purposes only and is not a replacement for professional advice. Money with Dan is not a financial advisor. You should consider seeking independent legal, financial, taxation or other advice to check how the information in this video relates to your unique circumstances.
#privatehealthinsuranceaustralia #moneywithdan #savemoney
Пікірлер: 17
It's good to find Australian content on KZread. Much appreciated.
@MoneywithDan
2 жыл бұрын
Thank you so much. I have more videos planned so hope you drop by again!
i didnt get that excess part. you dont have to pay monthly premium if u opt for excessplan? and if yes will excess plan cover all the expenses with minimum downpayment of excess? say a surgery costs 10000 and excess plan is 750 will it cover the surgery?
@MoneywithDan
Жыл бұрын
It depends on the policy, how long you had the policy and type of procedure but often it would cover the hospital stay, but you would need to ring the insurer first to check. However doctor fees are seperate and often not covered by insurance and those fees make up the big out of pocket fees so make sure you get a quote for out of pocket expenses first before. If you’re not concerned about which doctor you use or don’t care about wait times then our public hospital system is a great alternative for many.
@ibraheemali9541
Жыл бұрын
@@MoneywithDan anhan thanks alot for an elaborate answer
nice content and great tips
@MoneywithDan
Жыл бұрын
Glad you like them!
@ibraheemali9541
Жыл бұрын
@@MoneywithDan :) keep up the good work
Hi, does private health insurance cover overseas travel?
@MoneywithDan
2 жыл бұрын
it is unlikely it will but ring your fund to check. You may need an extra policy at an extra cost
@lightbringer9940
2 жыл бұрын
@@MoneywithDan thanks Dan
Is the $90k income Before or after tax ?
@MoneywithDan
Жыл бұрын
Before tax. Thanks for asking
@BasedinReality1984
Жыл бұрын
@@MoneywithDan Thanks for replying. Looks like I better look into getting covered then :)
is it compulsory to have a health insurance ?
@MoneywithDan
Жыл бұрын
no it’s completely optional in Australia for citizens. some visa holders need to have it though.
@ibraheemali9541
Жыл бұрын
@@MoneywithDan anhan ok thanks for a prompt response