Do you find it difficult to compare health insurance?
You’re not alone. Whether you’re taking cover for the first time, thinking of switching to a new health fund, or updating your cover to reflect a significant life change, you’ll often find that you have more questions than you can find answers for.
The videos, blog posts and information below are designed to help you navigate the different options and types of cover on offer – from hospital and extras package, through to hospital only, extras only or ambulance only cover. When you are ready, get a quote now!
Starting or raising a family is a fantastic adventure – but it can also throw up some huge challenges. Fortunately, we’ve made it easy for you to choose the health insurance option that best suits you and your family. Take a look at the video to see how.
Couples are all different, and our health cover packages and options reflect this. Some have inclusions like pregnancy services that will appeal to some couples, while others will be more suited to those leading active, high-energy – and child-free – lifestyles. Take a look at the video to see where you fit in.
Being single is amazing. But while you’re out and about experiencing life, it’s great to know that you’ve got great cover looking out for you. Take a look at the video to find a cover that suits your needs and lifestyle.
Price shouldn’t be the only factor that you consider when comparing health insurance. To help identify what will be important to you, your lifestyle and your health in the future, we’ve put together a list of some key factors that you should think carefully about before deciding on a private health policy.
Take a look at Bupa members’ most common hospitalisations from general surgery to cardiology, obstetrics to orthopaedics. Can you guess what the most expensive claim is for?
Your guide to the common words, terms and jargon used in health insurance.
If you're single and earning over $90,000 a year (or you're a couple or family earning $180,000 in combined income*) and you don't take private health cover, the government will charge you the Medicare Levy Surcharge (MLS). You might be shocked to know that this can be more than the cost of some Bupa hospital covers. Have a chat to your tax adviser or visit ato.gov.au for more information.
The cost of your hospital cover depends on the age you first take it out. That’s because the Federal Government’s Lifetime Health Cover (LHC) loading applies if you take out hospital cover after you turn 31. For every year after your 31st birthday your premium will increase by 2% a year to a maximum of 70%
Any Lifetime Health Cover loading increase will apply for 10 continuous years. To avoid the loading (which is spread across both members in the case of couples), all you need to do is take out and maintain your hospital cover from 30 June following your 31st birthday.
Here’s good news. The Australian Government Rebate on private health insurance could help make your private health cover more affordable. The rebate is available to any Australian eligible for Medicare. The rebate is quick and easy to claim. You can choose to get it as a reduced premium, or receive it as a lump sum at tax time. When you join Bupa, we'll help you understand and nominate your most suitable rebate tier.
However old you are, and whatever stage of life you’re at, peace of mind is invaluable. Hospital cover helps you feel in control, when the worst happens like illness or injury – because with private hospital cover you will generally have more choice in when, where and how you are treated.
*Note: Thresholds are effective 1 July 2013 and are indexed annually. On a family membership this increases by $1,500 per child after the first child. The family thresholds apply to single parent families, couples including de facto couples. There are specific rules for calculating adjusted taxable income for Medicare Levy Surcharge and income testing purposes. For more information go to ato.gov.au