INSUR022 The ins and outs of private health cover (635 words)

Whether or not to take out private health insurance is a major financial decision. This article discusses the benefits of health insurance, how to find the right policy, and lists key incentives to go private.

With premiums often running to thousands of dollars per year, whether or not to take out private health insurance is a major financial decision. Here are some of the key issues you need to consider in making that decision.

Why go private?

There are two main types of private health insurance: hospital cover, and general treatment (or extras) cover. In some states you may also need to take out ambulance cover.