Lifetime Health Cover- Joining Insurance for One Year for Benefits Then Drop It Again

electriccurio on 09/06/2018 - 15:59
Last edited 09/06/2018 - 17:43 by 1 other user

Hi everyone

I want to have laser eye surgery done by a reputable surgeon( such as Vision Eye Institute) and when I am researching about cost, I found out that BUPA ultimate cover covers the whole cost of laser eye surgery with a waiting period of 12 months. The surgery is about 5-$6000 per eye. I know there are cheaper alternatives, but I want the latest tech with the best surgeon doing it.

I’m in my mid 20s and I also read about the lifetime health cover (LHC). What is not clear to me is that will I pay any LHC loading if I decide to pay 13 months of premiums, have my eye surgery then drop the cover and then apply for health insurance again (say in 3-4 years but before I turn 31)?

If anyone knowledgeable in this area can advise me on this matter will be great.

Thanks In advance.

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  poboy on 09/06/2018 - 16:43

  Can the surgery all be done in a short time frame? If so, then if your comparison costs come out with ultimate as the best option, I see nothing wrong with your plan. Just check with Bupa that there will be no out of pockets for your particular specialist.

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    electriccurio on 09/06/2018 - 22:27

    I have a friend that has done it and he told me about it. He would have mention out of pocket cost though if there was any.

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  [Deactivated] on 09/06/2018 - 18:34

  +1

  LHC does not apply if you obtain PHI before 31.

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  2jzzzz on 09/06/2018 - 20:06

  How much is 13 months of their absolute top cover?

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  electriccurio on 09/06/2018 - 22:26

  About $4300

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  holdenmg on 10/06/2018 - 08:19

  +1

  From 1 July 2018, a 3-year waiting period will apply towards Laser Eye Surgery. This only applies to new members joining from 1 July 2018.

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    follow on 11/06/2018 - 13:30

    +1

    Wow