5 Proven Strategies to Maximize Extras Cover Value
Published December 10, 2025
The opposite of Hospital cover is Extras Cover. This form of health insurance will not help you avoid the surcharge, so for some people it might not be a top priority. However, if you want to save on health maintenance costs like dental treatments and physiotherapy, knowing how to maximize Extras Cover value can help you get the most from your policy. Just remember to choose the right policy to make your Extras Cover truly worthwhile.
1. Calculate cost in vs. cost out
Extras cover is the form of private health insurance where you actually have to use it to make it worthwhile. Work out how much you claimed on Extras treatments last year and compare with how much you spent on premiums to determine whether your Extras Cover policy is worth having. If you spent more on premiums than you got back in claims, that’s a sign you have the wrong policy. You can either look for a cheaper policy or make a point of using your policy more regularly.
2. Matching treatments to healthcare needs
Unfortunately, you can’t mix & match the treatments you want covered and reject the ones you won’t. So the best way to get good value is to make sure enough of what you want is contained in your policy, in other words, don’t choose top-level cover unless you’ll need all those treatments.
Instead, consider your Extras healthcare priorities and align those with the policy you choose. For instance, if you are in your 40s and do not have children, then orthodontics and hearing aids are not a priority; hence, a top-level policy is not worth it.
3. Avail service from the insurer’s network.
Usually, large insurers have arrangements in place with specific healthcare providers, including dentists, physios and optometrists. That means that you’ll get a better discount or even free treatment-at those providers if you’re a member. For a list, check your insurer’s website in search of its preferred providers in your area.
4. Look at underutilized benefits
Did you know Extras Cover can sometimes include gym memberships, diabetes management education and courses to help you learn to swim, quit smoking or manage your weight? Check to see whether your policy includes healthy lifestyle, and what it covers. Also, have a look at your insurer’s website to see what other benefits are offered to members. For instance some provide mental health support services
5. Shop around for a better premium
If your Extras Cover is costing you more in premiums than you’re getting back, it isn’t giving you value. Look for a new policy using the calculator which searches every policy in Australia, to make sure you don’t miss out on a good deal for you. It’s free to use, the results are unbiased and it could save you a lot of money in mere minutes. Already got Extras Cover? Compare it to other policies to see if it’s worth changing policies.
Want to Maximize Extras Cover Value and avoid paying for benefits you don’t use? Utility Market helps you compare policies, find better deals, and choose extras cover that truly delivers value. Start saving smarter today, and don’t forget to follow us on LinkedIn for more helpful insights.
