Best Deal on Basic Health Insurance?

pbvillaflores on 26/03/2018 - 11:25
Last edited 26/03/2018 - 12:17 by 1 other user

What's the best deal you know on the most basic health insurance?

By basic, i mean no extras, no frills, and just the minimum cover.

I was quoted on health.com.au/AHSA the following:

For family of 4 - Annual price : 1574
For Individual - Annual price: 787.44

This is for the Entry Hospital product with $500 excess. There is no private hospital cover included.

But they've got some extra offers on top of the price cited above.

  1. Raffle draw to win an Apple Watch by joining between 01/03 and 30/06.

  2. Friend referrals get $100 bonus for the referring member.

  3. Join between 01/02 - 30/06 to skip the 2 month wait on hospital & extras combos.

Does anyone else know of anything better?
https://health.com.au/

Health & Beauty Health Insurance Insurance

Related Stores

Health.com.au
Health.com.au

Comments

  • [Deactivated] on 26/03/2018 - 11:44
    +1

    Sounds like a junk policy.

    Is this purely for tax purposes?

  • k-rokfm on 26/03/2018 - 12:02

    I just posted this on whirlpool but no answers.. Would anyone be able to help? Im posting it in the comments here as it relates to OPs question.

    hey guys,
    I am now in a position to be able to afford hospital insurance and am looking for a good basic coverage that should cover everything that I need. I work in an office but outside of that I have a fairly active lifestyle playing sports and outdoorsy hobbies.

    I am looking for a basic coverage that would cover most things that would effect a person of my age (25-30). I currently live in the ACT.

    Some of the insurers that I have had a look at are AHM, NIB, BUPA, Medibank, HCF. My current budget for health insurance would be about $40 for hospital only, or $50 with extras a fortnight. Now im not too fussed with or without extras as for the moment, I would really only use it for a dental checkup, no need for glasses etc. hence my lower limit on extras

    Is there anyone else I should be looking at? Of the ones I have listed are there any I should avoid? In saying who I should avoid, there has been a lot in the news (and whirlpool/ozbargain) of 'junk' policies which are just to get around paying tax. These policies are largly with the basic coverage, and with my budget for the most part, I would be looking at. So are there any of the insurers above that i should be avoiding for basic coverage?

    Thanks!

    • dazweeja on 26/03/2018 - 12:33
      +1

      If you want policies that actually cover you, I would look at the tables in this report, especially "Percent of Hospital Related Charges covered by state", "Percent of services with no-gap", and "PHIO complaints investigated in 2017":

      https://ama.com.au/system/tdf/documents/AMA%20Private%20Heal…

      • Oofy Doofy on 26/03/2018 - 14:26

        Not quite sure what to make of it. Select the best one by finding which one has the most cover in your state/and the least amount of complaints?

        • dazweeja on 26/03/2018 - 15:00
          +1

          I think that would be a good start. "All Complaints (as a % of market share)" divided by market share would be a reasonable metric (lower is better) on the complaints side. Obviously, run a mile from Medibank!

    • vinni9284 on 26/03/2018 - 14:24

      If you want coverage that is worth something, I would recommend "at least" mid-tier cover. I.e Standard Hospital.

      Basic Cover, covers really not much. Please search Productreviews.com.au and you will see many complaints come from Basic Cover. That is, that not much is really covered.

      Even for Tax avoidance, I would still recommend minimum Standard Hospital and spend a little extra from Basic (as I am in this same boat)

      In my view, if you get Basic Cover for Tax Avoidance, then you might as well pay the tax figuratively speaking … which really means that you get nothing out of it.

      Cheers

  • SnoozeAndLose on 26/03/2018 - 12:04

    Mediank 6 week fee + 60,000 point for family/couple

    • vinni9284 on 26/03/2018 - 14:27

      I was with Medibank and they are absolute rubbish after the privatisation.
      Many members have left after this and now they are trying to "lure" customers back with this special.
      However the catch is for your aforementioned special, you have to have BOTH Hospital and Extras to get that benefit.

      • SnoozeAndLose on 26/03/2018 - 14:32

        Can you just have extra? I think for tax point of view you need to have the basic hospital cover.

Login or Join to leave a comment
Login Join