Health Insurance

Health insurance is a type of insurance that helps cover the cost of medical and surgical expenses. In Australia, the public health system Medicare, which is a Commonwealth Government funded program, covers most Australian residents for health care. However, Medicare does not cover everything and you can choose to take out a private health insurance policy in order to give yourself a wider range of health care options and more comprehensive cover.

There are two main types of private health insurance available to you, and they are hospital cover and extras cover. You can buy them separately or in a combined Hospital and Extras package policy (with most funds). There will be limitations on what you can claim and when you can claim it (waiting periods) with any policy you buy.